a. What is Graysons net short-term capital gain or loss from these transactions?

b. What is Graysons net long-term gain or loss from these transactions?

c. What is Graysons 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?

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 Date Description Purchased Basis Date Sold Realized 1/23/1994 8,300 7/22/2018 5,340 Stock A Stock B Stock C Stock D Stock E 9/13/2018 10/12/2018 10/12/2018 11/14/2018 4/10/2018 8/23/2016 5/19/2008 8/20/2018 16,100 13,375 070 35 20,050 18, 870 13,975 6, 8,0 , 025