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?

Required information [The following information applies to the questions displayed below.] Grayson is in the 24 percent tax rate bracket and has sold the following stocks in 2018: (Loss amounts should be indicated by a minus sign.) Amount Description Date Purchased Stock A Stock B Stock C Stock D Stock E Basis 1/23/1994 $ 7,25e 14,000 10,750 5,230 7,300 Date Sold 4/10/2018 8/23/2016 5/19/2008 8/20/2018 9/13/2018 10/12/2018 10/12/2018 11/14/2018 Realized 7/22/2018 $ 4,500 17,500 15,300 12,400 3,500