For questions $1-3,$ consider the following scenario.

In $2022,$ Sukhoi had four sales of investments resulting in capital gains and $($losses$)$ as follows: $$2,600$ LTCG$,$ $$24,400$ STCG$,($$$9,600)$ LTCL$,$ and $($$$15,600)$ STCL$.$ After following the appropriate netting rules, what is the amount and nature of her capital gains and losses?

$1.$ What is Sukhoi$$s net short$-$term capital gain$/($loss$)?(10$ point$)$

$2.$ What is Sukhoi$$s net long$-$term capital gain$/($loss$)?(10$ point$)$

$3.$ What is Sukhoi$$s net overall capital gain$/($loss$)?(10$ point$)$

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For questions $4-8,$ consider the following scenario.

In $2023,$ Farnsworth is single and his taxable income is $$535,000,$ which includes $$75,000$ of long$-$term capital gains on the sale of artwork and $$300,000$ of long$-$term capital gain from the sale of stock.

$4.$ What is Farnsworth$$s ordinary income for $2023?(10$ points$)$

$5.$ What is Farnsworth$$s ordinary tax liability for $2023?(10$ points$)$

$6.$ What is Farnsworth$$s tax on the gain from selling the artwork in $2023?(20$ points$)$

$7.$ What is Farnsworth$$s tax on the net long$-$term capital gain in $2023?(20$ points$)$

$8.$ What is Farnsworth$$s income tax liability in $2023?(10$ points$)$