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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 b.) What is Graysons net long-term gain or loss from these transactions? c.) What is Graysons overall net gain or loss from these transactions? d.) What amount of the gain, if any, is subject to the preferential rate for certain capital gains?

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