Jack has a basis of $36,000 in his 1,000 shares of Acorn Corporation stock (a capital asset).The stock was acquired three years ago.He receives the following distributions as part of a plan of liquidation of Acorn Corporation: 
What are the amount and character of the gain or loss that Jack will recognize during 2009? During 2010?
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Employee Relations
The management of relationships between employers and employees, focusing on communication, engagement, and conflict resolution.
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