Laura Purchased for $1,610 a $2,000 Bond When It Was

question 59

Multiple Choice

Laura purchased for $1,610 a $2,000 bond when it was issued two years ago.Laura amortized $200 of the original issue discount and then sold the bond for $1,800.Which of the following statements is correct?

• A)Laura has $10 of long-term capital loss.
• B)Laura has $190 of long-term capital gain.
• C)Laura has no capital gain or loss.
• D)Laura has $190 of long-term capital loss.
• E)None of the above.

---

Definitions:

Firearm Safety

Precautions and practices designed to minimize the risk of accidental injury or death by firearms.

School-Age Children

Refers to children who are attending elementary school, generally aged between 6 to 12 years.

Poison Control Center

A specialized facility providing free, confidential expert advice and assistance in the event of exposure to poisonous or toxic substances.

Front-Facing Car Seat

A child safety seat designed to be installed facing the front of the vehicle, suitable for toddlers and older children as per specific safety standards and regulations.