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Grayson (single) is in the 24 percent tax rate bracket and has sold the following stocks in 2019: (Loss amounts should be indicated by a

Grayson (single) is in the 24 percent tax rate bracket and has sold the following stocks in 2019: (Loss amounts should be indicated by a minus sign.)

Description Date Purchased Basis Date Sold Amount Realized
Stock A 1/23/1995 $ 7,950 7/22/2019 $ 5,060
Stock B 4/10/2019 15,400 9/13/2019 19,210
Stock C 8/23/2017 12,500 10/12/2019 17,680
Stock D 5/19/2009 5,790 10/12/2019 13,450
Stock E 8/20/2019 7,790 11/14/2019 3,850

a. What is Graysons net short-term capital gain or loss from these transactions?

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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