Assume 2018 tax year

41. Tina bought 100 share of stock for $15 each on 2/27/17. On 2/27/18, she sold all 100 shares for $65 each. What best describes the tax effect of these transactions? a. Short-term capital gain of $5,000; taxed at preferential rates b. Short-term capital gain of $5,000; taxed at ordinary tax rates c. Long-term capital gain of $5,000; taxed at preferential rates d. Not a taxable event