(Answered) Problemon may 18 2012 sara purchased 30 shares of abc stock

Accounting

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On May 18, 2012, Sara purchased 30 shares of ABC stock for $210, and on October 29, 2012, she purchased 90 additional shares for $900. On November 28, 2012, she sold 48 shares, which could not be specifically identified (assume FIFO for cost basis), for $576, and on December 8, 2012, she sold another 25 shares for $150. What is her combined recognized gain or loss from the two sales?

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