Exercise 8-5 (Algorithmic) (LO. 4)

Elliott has the following capital gain and loss transactions for 2018.

a.	Short-term capital gain	$11,600
b.	Short-term capital loss	(27,840)
c.	Long-term capital gain (28%)	92,800
d.	Long-term capital gain (25%)	37,120
e.	Long-term capital gain (15%)	46,400
f.	Long-term capital loss (28%)	(37,120)
g.	Long-term capital loss (15%)	(69,600)

After the netting process, Elliott has an overall of $.