1. Alain Mire files a single tax return and has adjusted gross income of $299,000. His net investment income is $58,000. What is the additional tax that Alain will pay on his net investment income for the year?

2. Part A) In X8, Erin had the following capital gains (losses) from the sale of her investments: $1500 LTCG, $25,500 STCG, ($8500) LTCL, and ($14,500) STCL. What is the amount of Erin's capital gains or losses?

Part B) In X8, Erin had the following capital gains (losses) from the sale of her investments: $1500 LTCG, $25,500 STCG, ($8500) LTCL, and ($14,500) STCL. What is the character of Erin's capital gains and losses? (Your answer should be either the word "long" or the word "short." Do not use punctuation or capitalization.)