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?

0 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 Basis Date Sold Stock A Stock B Stock c Stock D Stock E 1/23/1994 $ 7,400 4/10/2018 14,300 8/23/2016 11,125 5/19/2008 8/20/2818 9/13/2018 10/12/2018 5,350 10/12/2018 7,40511/14/2018 Realized 7/22/2018 4,620 17,890 15,810 12,625 3,575 es a. What is Grayson's net short-term capital gain or loss from these transactions? Net short-term capital gain or loss