On December 1, 20X7, George Jimenez needed a little extra cash for the upcoming holiday season, and sold 250 shares of Microsoft stock for $50 per share less a broker's fee of $200 for the entire sale transaction. Prior to the sale, George held the following blocks of Microsoft stock (associated broker's fee paid at the time of purchase): (Do not round intermediate calculations.)
If his goal is to minimize his current capital gain, how much capital gain will George report from the sale?
Definitions:
Gonorrhea
A sexually transmitted infection caused by the bacterium Neisseria gonorrhoeae, characterized by painful urination and discharge from the genitals.
Fantasy Stage
A phase in career development theory where individuals, often children, fantasize about careers or roles without regard for practicalities or their own capabilities.
Career Development
The process of managing life, learning, and work over the lifespan, including the growth and changes in employment responsibilities and roles.
Donald Super
A psychologist best known for his development of theories concerning career development and the concept of life-span, life-space.
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