Business
Business, 01.04.2021 20:10, mitch729

Tom recently received 2,200 shares of restricted stock from his employer, Independence Corporation, when the share price was $12 per share. Tom's restricted shares vested three years later when the market price was $16. Tom held the shares for a little more than a year and sold them when the market price was $14. What is the amount of Tom's income or loss on the sale

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Tom recently received 2,200 shares of restricted stock from his employer, Independence Corporation,...

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