During the year, Shanta, a single individual, recorded the following transactions involving capital assets. a. Indicate the tax treatment for each item. Transaction Amount Tax Treatment Gain on the sale of a coin collection (held as an investment for 10 years) Gain on the sale of corporate stock (purchased two years ago as an investment) Loss on the sale of sail boat held as an investment (acquired eight months ago) $8,000 1,000 (5,000) Overall, Shanta has of of this gain is from collectibles, which are taxed at a maximum rate of b. If Shanta is in the 32% bracket, how much income tax results? If Shantan is in the 12% bracket, how much income tax results