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During the year, Inez recorded the following transactions involving capital assets. Indicate the tax treatment for each item. Overall, Inez has of $ and of
During the year, Inez recorded the following transactions involving capital assets. Indicate the tax treatment for each item. Overall, Inez has of $ and of $. a. If Inez is in the 35% Federal income tax bracket, how much tax results? $ b. If Inez is in the 15% bracket? $
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