Grayson is a 24% tax rate bracket and has sold the following stocks in 2018

Description Date purchased Basis Date Sold Amount Realized

Stock A 1/23/1994 $7,500 7/22/2018 $4,700

Stock B 4/10/2018 $14,500 9/13/2018 $18,130

Stock C 8/23/2016 $11,375 10/12/2018 $16,150

Stock D 5/19/2008 $5,430 10/12/2018 $12,775

Stock E 8/20/2018 $7,475 11/14/2018 $3,625

a) What is Grayson's net short-term capital gain or loss from these transactions?

b). What is Grayson's net long -term gain or loss from these transactions?

c). What is Grayson's overall net gain or loss from these transactions?

Net Capital gain or loss _________________

d). What amount of the gain, if any, is subjected to the preferential rate for certain capital gains?

Amount______________