Pedro purchases 50 shares of piper company stock on february 19, 2013, at a cost of 4,300. he sells the 50 shares on july 2, 2016, for 9,000. on march 14, 2016, pedro purchases 100 shares of troxel stock for 9700. he sells the troxel shares on december 18, 2016, for 6600. what is the effect of the stock sales on pedro's 2016 income?
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