Justin owns 1,000 shares of Oriole Corporation common stock (adjusted basis of $9,800).On April 27,2011,he sells 300 shares for $2,800,while on May 5,2011,he purchases 200 shares for $2,500.

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The Answer of Justin owns 1,000 shares of Oriole Corporation common stock (adjusted basis of $9,800).On April 27,2011,he sells 300 shares for $2,800,while on May 5,2011,he purchases 200 shares for $2,500.

Justin Owns 1,000 Shares of Oriole Corporation Common Stock (Adjusted