During the year, Dan had the following capital gains and losses:

Short-term Long-term (Collectible) Long-term capital gain

Gains 15,000 30,000 16,000

Losses (27,000) (20,000) (10,000)

Question 7 options:

	12,000 short-term capital loss and 16,000 long-term capital gain taxed at 15%
	12,000 short-term capital loss and 16,000 long-term capital gain taxed at 28%
	4,000 long-term capital gain taxed at 28%
	4,000 long-term capital gain taxed at 15%