Eloise, whose tax rate is 35%, sells the following capital assets in 2015 with gains and losses as shown:

Asset		Gain or (Loss)			Holding Period
A		$ 17,000			15 months
B		11,000			20 months
C		(4,500)			14 months

Requirement a. Determine Eloise's increase in tax liability as a result of the three sales. All assets are stock held for investment. Ignore the effect of increasing AGI on deductions and phaseout amounts. Eloise's increase in tax liability as a result of the three sales is $ .

Requirement b. Determine her increase in tax liability if the holding period for asset B is 8 months. Eloise's increase in tax liability if the holding period for asset B is 8 months is $ .

Requirement c. Determine her increase in tax liability if the holding periods are the same as in Part a but asset B is an antique clock. Eloise's increase in tax liability if the holding periods are the same as in Part a but asset B is an antique clock is $ .

Requirement d. Determine her increase in tax liability if her tax rate is 39.6 39.6%. Eloise's increase in tax liability if her tax rate is 39.6% is $ .