Gresh bought 1,000 shares of ibis corporation stock for $5,600 on january 15, 2017. on december 31, 2019, she sold all 1,000 shares of her ibis stock for $4,800. based on a hot tip from her friend, she bought 1,000 shares of ibis stock on january 23, 2020, for $3,150. what is ms. fresh's recognized loss on her 2019 sale, and what is her basis in her 1,000 shares purchased in 2020?

1. the corporate form of business organization has an advantage over both the sole proprietorship and the general partnership in ease of 2. the corporate form of business organization has an advantage over both the sole proprietorship and the general partnership in external liability for business 3. a partnership is an association of two or more persons to carry on as co-owners a business for 4. any one partner may be held liable for the entire indebtedness of the 5. a limited partner is liable for the partnership debt only to the extent of her capital 6. a person may be a partner even though he has no authority to conduct the ordinary activities of the 7. a partner may withdraw his capital contribution without the consent of all the 8. when a partner sells his interest in the partnership, the buyer becomes a new 9.every partner owes a duty of good faith, fairness, and loyalty to the other 10. a partner who fails to use ordinary care and skill in discharging assigned duties will be personally liable to the partners for any resulting loss.