Gary and Rhonda are married and filing a joint return. They have three dependent children and have combined wages of $68,000 in 20 The couple's 2018 stock transactions are detailed in the following table. In addition, they have $4,000 of qualifying dividends. Item Elm stock Pine stock Oak stock Holly stock Maple stock Dogwood stock Date Acquired 06/10/17 03/23/16 07/01/13 10/31/17 12/15/17 05/22/16 Date Sold 01/22/18 04/05/18 05/31/18 08/20/18 11/07/18 12/15/18 Cost $16,000 $52,000 $4,000 $44,000 $20,000 $13,000 Sales Price $27,000 $55,000 $1,500 $63,000 $18,000 $9,500 a. Determine the nature and amount of the gain or loss for each of the stock transactions. Item Type of Gain or Loss Amount Elm stock Pine stock Oak stock Holly stock Maple stock a. Determine the nature and amount of the gain or loss for each of the stock transactions. Type of Gain or Loss Item Elm stock Pine stock Amount Oak stock Holly stock Maple stock Dogwood stock b. Gary and Rhonda have a net short-term capita of and a net long-term capital of Consequently, there is a net of Gary and Rhonda's AGI is