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1/1/18. Purchase 100 shares. $10.00 per share 7/1/19 Purchase 100 shares $15.00 per share 12/31/19. Sell $___________ $20.00 per share Assume long term capital gains

1/1/18. Purchase 100 shares. $10.00 per share

7/1/19 Purchase 100 shares $15.00 per share

12/31/19. Sell $___________ $20.00 per share

Assume long term capital gains are taxed at 10%, and short term capital gains are taxed at 30%.

How much, in dollars, does this investor need to sell on 12/31/2019 to have $3,000 after taxes?

A. $3,189

B. $3,452

C. $3,096

D. $3,000

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