Boris, a single individual, has two sales of stock during the current year. The first sale produces a short-term loss of $27,000 and the second sale results in a long-term gain of $57,000 . Boris's taxable income without considering the gain is $125,000 . Boris's stock transactions will increase his taxable income by:
a. $-0-
b. $30,000
c. $34,000
d. $54,000
b
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Indicate whether the statement is true or false
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What will be an ideal response?