During the year, Frederick had the following transactions involving capital assets.

a. Indicate the tax treatment for each item:

Transaction		Amount		Tax Treatment
Gain on the sale of a building held for investment (purchased five years ago)		$3,800
Loss on the sale of a personal camper (purchased two years ago)		(2,100)
Loss on the sale of corporate stock (purchased three months ago as an investment)		(800)
Gain on the sale of a personal computer (purchased 11 months ago)		1,500

Overall, Frederick has of $fill in the blank 6 and of $fill in the blank 8.

b. If Frederick is in the 32% bracket, what is the income tax regarding these transactions? $fill in the blank 9

If Frederick is in the 12% bracket, what is the income tax regarding these transactions? $fill in the blank 10