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Grayson (single) is in the 24 percent tax rate bracket and has sold the following stocks in 2021: (Loss amounts should be indicated by a
Grayson (single) is in the 24 percent tax rate bracket and has sold the following stocks in 2021: (Loss amounts should be indicated by a minus sign.) Description Date Purchased Basis Date Sold Amount Realized Stock A 1/23/1997 $ 7,550 7/22/2021 $ 4,740 Stock B 4/10/2021 14,600 9/13/2021 18,250 Stock C 8/23/2019 11,500 10/12/2021 16,320 Stock D 5/19/2011 5,470 10/12/2021 12,850 Stock E 8/20/2021 7,510 11/14/2021 3,650 a. What is Graysons net short-term capital gain or loss from these transactions?
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