During the current year, Ron and Anne sold the following assets: Capital Asset Market Value Tax Basis Holding Period A Stock $51,600 $41,800 >1 Year B Stock $29,600 $39,800 >1 Year C Stock $31,600 $22,800 1 Year *Note, $30,000 of the gain from the sale of the rental home was a 25% gain and the remainder is a LTCG subject to 0%/15%/20% rates. Complete the capital netting process. Identify the end result of the capital netting process. Be sure to retain the character of gains and losses in your answer.