Joe E. Conomist purchased 100 shares of IBM corporation in 2011 for $10,000. In 2014, Joe sold these shares to Sally Forth for $15,000. How would this sale of stock in 2014 affect IBM corporation?
A. IBM makes $5,000 in profit.
B. IBM invests $5,000 in capital equipment.
C. IBM suffers a loss of $5,000.
D. IBM is unaffected.
Answer: D
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