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During 2023, Inez (a single taxpayer) had the following transactions involving tapital assets: Gain on the sale of unimproved land (held as an investment for

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During 2023, Inez (a single taxpayer) had the following transactions involving tapital assets: Gain on the sale of unimproved land (held as an investment for 3 years) $6,000 Loss on the sale of a camper (purchased 2 years ago and used for family vacations) (5,000) Gain on the sale of ADM stock (purchased 9 months ago as an investment) 2,450 Gain on the sale of a fishing boat and traller (acquired 18 months ago at an auction and used for recreational purposes) 1,000 a. Indicate the tax treatment for each item. b. If Inez has taxable income (Including the property transactions) of $188,450, what is the income tax regarding these transactions? Her marginal tax rate is 32%. If Inez has taxable income (including the property transactions) of $32,250, what is the income ta fregarding these transactions? Her marginal tox rate is 12%

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