Ahmed, a single taxpayer with a marginal tax rate of 35 percent (taxable income is $312,000 before considering any of the items below), sold all of the following assets during the year: Asset Sale Price Tax Basis Holding Period Applicable Rate Explanation FGH Stock $45,000 ERT Stock $12,000 $22,500 More than one year $8,500 Less than one year Long Term Baseball card collection $9,500 HHH Stock $11,000 Rental residence* $100,000 $5,500 More than one year $15,500 Less than one year $55,000 More than one year *$25,000 of the gain is a 25 percent gain. The remaining gain is 0/15/20 percent gain. What tax rate(s) will apply to each of Ahmed's capital gains or losses? Short Term Long Term Short Term Long Term