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8) On December 15, 2018, Bill sold 250 shares of IBM stock for $70 per share less a broker's fee of $200 for the

entire sale transaction. Prior to the sale, Bill held the following blocks of IBM stock (associated broker's fee paid at the time of purchase). (Do not round intermediate calculations.) Acquisition Date Number of Shares Market Price When Acquired Broker's Fee 8/15/2015 300 $35 per share $250 3/30/2016 300 $45 per share $250 If his goal is to minimize his current capital gain, how much capital gain will Bill report from the sale?

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