a) What is the short-term capital gain or loss from these transactions?

b) what is the long-term gain or loss from these transactions?

c) what is the overall net gain or loss from these transactions?

d) what amount, if any is subject to preferential rates for certain capital gains?

! Required information [The following information applies to the questions displayed below.) Grayson (single) is in the 24 percent tax rate bracket and has sold the following stocks in 2020: (Loss amounts should be indicated by a minus sign.) Description Date Purchased Stock A 1/23/1996 Stock B 4/10/2020 Stock C 8/23/2018 Stock D 5/19/2010 Stock E 8/20/2020 Basis $ 7,350 14,200 11,000 5,310 7,370 Date Sold 7/22/2020 9/13/2020 10/12/2020 10/12/2020 11/14/2020 Amount Realized $ 4,580 17,770 15,640 12,550 3,550