Andrew Acquires 2,000 Shares of Eagle Corporation Stock for $100,000

question 13

Multiple Choice

Andrew acquires 2,000 shares of Eagle Corporation stock for $100,000 on March 31, 2005.On January 1, 2012, he sells 125 shares for $5,000.On January 22, 2012, he purchases 135 shares of Eagle Corporation stock for $6,075.When does Andrew's holding period begin for the 135 shares?

• A)January 22, 2012.
• B)January 1, 2012.
• C)March 31, 2005.
• D)March 31, 2005, for 125 shares and January 22, 2012, for 10 shares.
• E)None of the above.