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Additional Shares Of Identical Common Stock 541573
On September 5, 2007, Michael paid $5,500 for 100 shares of TXX-5761 Inc. common stock. On June 13, 2013, Michael received a nontaxable 10% common stock dividend (i.e., 10 additional shares of identical common stock). On June 13, 2013, TXX-5761…