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During the year, Jon Snow (single) has the following capital gain (loss): Short-term capital gain $7,000 Short-term capital loss $2,000 Collectibles gain $4,000 Unrecaptured Section

During the year, Jon Snow (single) has the following capital gain (loss):

Short-term capital gain $7,000

Short-term capital loss $2,000

Collectibles gain $4,000

Unrecaptured Section 1250 gain $2,500

Regular long-term capital gain $5,000

Regular long-term capital loss $2,000

Assuming Jon Snows marginal tax rate is 32%, determine Jon Snows tax liability.

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