Travis sells a stock for $8,900. The price at the time of purchase was $5,100. He paid a commission to his broker of $320. How much is Tristan's amount realized?

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter2: Income Tax Concepts
Section: Chapter Questions
Problem 63IIP
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Travis sells a stock for $8,900. The price at the time of purchase was $5,100. He paid a commission to his broker of $320. How much is Tristan's amount realized?

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