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(Capital Gains and Losses: Netting Process) Clint Eastwood (single) has 1) 28% long-term gain $62,000, 2) 28% long-term loss $21,000, 3) 0%/15%/20% long-term gain $64,000,
(Capital Gains and Losses: Netting Process) Clint Eastwood (single) has 1) 28% long-term gain $62,000, 2) 28% long-term loss $21,000, 3) 0%/15%/20% long-term gain $64,000, 4) short-term gain $5,000, and 5) short-term loss $53,000. Determine the net capital gain (loss) for Clint Eastwood.
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