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during 2015, William sold the following Capital assets: 1.) ABC Stock- purchased 5-5-2010/sold 8-3-2015/sales price $500/cost basis $8,000 2.) 123 Bond fund-raising purchased 11-7-2013/sold 2-25-2015/sales

during 2015, William sold the following Capital assets: 1.) ABC Stock- purchased 5-5-2010/sold 8-3-2015/sales price $500/cost basis $8,000 2.) 123 Bond fund-raising purchased 11-7-2013/sold 2-25-2015/sales price $2,000/cost basis $7,000 3.)Dune Buggy- purchased 6-12-2009/sold 9-29-2015/sales price $2,400/cost basis $4,600 4.)Antique Chair- purchased 10-9-2001/sold 4-21-2015/sales price $4,000/cost basis $3,000

CALCULATE THE FOLLOWING a.) total short-term capital gain /lost realized for tax purposes. b.) total long-term capital gain /los realize for the tax purposes. c.) deductible capital gain/loss d.) the amount and nature (short-term or long-term) of his capital loss carry forward e.) assuming that William has no capital gain or loss for 2016, how much can you deduct in 2016 and what is the amount and nature of any carry forward to 2017

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