Grayson is in the 25 percent tax rate bracket and has the sold the following stocks in 2015:

a) What is Grayson's net short-term capital gain or loss from these transactions?
b) What is Grayson's net long-term gain or loss from these transactions?
c) What is Grayson's overall net gain or loss from these transactions?
d) What amount of the gain, if any, is subject to the preferential rate for certain capital gains?

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Date Purchased Date Sold Amount Realized Basis 1/23/1991 4/10/2015 8/23/2013 5/19/2005 8/20/2015 $ 7,250 14,000 10,750 5,230 7,300 Stock A Stock B Stock C Stock D Stock E 7/22/2015 9/13/2015 10/12/2015 10/12/2015 11/14/2015 17,500 15,300 12,400 3,500