Capital Loss. Charles recently sold 500 shares of stock A for $11,500. In addition, he sold 700 shares of stock A for $ 7,700. Charles had paid $20 per share for all his shares of stock A. What amount of loss will he have, assuming both sales were on stocks held for more than one year? He will have a loss of $ _? (Round to the nearest dollar.) Morris will start investing $1,420 a year in stocks. He feels he can average a 11% return. If he follows this plan, how much will he accumulate in 10 years? In 20 years? In 30 years? If he follows this plan, in 10 years he will accumulate $ ___? (Round to the nearest dollar.) If he follows this plan, in 20 years he will accumulate $_? (Round to the nearest dollar.) If he follows this plan, in 30 years he will accumulate $_? (Round to the nearest dollar.) Capital Gains Tax. Thomas purchased 200 shares of stock A for $33 a share and sold them more than a year later for $ 27 per share. He purchased 700 shares of stock B for $45 per share and sold them for $65 per share after holding them for more than a year. Both sales were in the same year. If Thomas is in a 35% tax bracket, what will his capital gains tax be for the year? If Thomas is in a 35% tax bracket, his capital gains tax for the year is $_? (Round to the nearest dollar.)