Sandra sold 500 shares of Wren Corporation to Bob, her brother, for its fair market value.She had paid $26,000 for the stock.Calculate Sandra's and Bob's gain or loss under the following circumstances:

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The Answer of Sandra sold 500 shares of Wren Corporation to Bob, her brother, for its fair market value.She had paid $26,000 for the stock.Calculate Sandra's and Bob's gain or loss under the following circumstances:

Sandra Sold 500 Shares of Wren Corporation to Bob, Her