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During the year, Kayson has the following capital transactions: Long-term capital gain $ 6,000 Long-term collectible gain 2,000 Short-term capital gain 4,000 Short-term capital loss
During the year, Kayson has the following capital transactions: Long-term capital gain $ 6,000 Long-term collectible gain 2,000 Short-term capital gain 4,000 Short-term capital loss 10,000 After the netting process, the result would be a: a. Long-term capital gain of $6,000, a long-term collectible gain of $2,000, and a short-term capital loss carryover of $3,000. b. Short-term capital loss of $4,000. c. Long-term capital gain of $6,000, a long-term collectible gain of $2,000, and a short-term capital loss of $6,000. d. Long-term capital gain of $2,000. e. Long-term collectible gain of $2,000
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