Sarah owned 200 shares of Crane Corporation with a basis of $12,000 and a FMV of $24,000. Sarah received 20 stock rights as a nontaxable distribution with a total FMV of $8,000. Sarah sold the stock rights for $4,000. Sarah's gain or loss on the sale was

hope it helps not sure if right i know it but id.k tbh

Explanation:

In 1791, The First Bank of the United States was founded by Alexander Hamilton. It was the first federally charted bank , and still stands today. The goals Hamilton had for this bank were rather simple - to establish financial order, establish credit, and resolve debts from the Revolutionary War. Hamilton also requested that the bank was to be a private company, having a 20 year charter, and would only allow the Secretary of the Treasury to remove government deposits and inspect the record books. The founding fathers originally thought that this proposal was unconstitutional when it was first brought to them. They did not want people other than congress to regulate money. The House and the Senate both made their objections, and after much debate and revision, they made a final proposal. President George Washington signed the bill in February of 1791, thus creating the First Bank of the United States. This carter expired in 1811, and in 1816 the bank was succeeded by the Second Bank of the United States. After it expired, other banks began opening up and they had similar goals. Many of these banks are still open today, and continue to help people in both saving money and helping financially.