Annette purchased stock on March 1,2011,for $150,000.At December 31,2011,it was worth $160,000.She also purchased a bond on September 1,2011,for $20,000.At year end,it was worth $12,000.Determine Annette's realized and recognized gain or loss.

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The Answer of Annette purchased stock on March 1,2011,for $150,000.At December 31,2011,it was worth $160,000.She also purchased a bond on September 1,2011,for $20,000.At year end,it was worth $12,000.Determine Annette's realized and recognized gain or loss.

Annette Purchased Stock on March 1,2011,for $150,000