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Grayson (single) is in the 24 percent tax rate bracket and has sold the following stocks in 2020: (Loss amounts should be indicated by a

Grayson (single) is in the 24 percent tax rate bracket and has sold the following stocks in 2020: (Loss amounts should be indicated by a minus sign.)

Description Date Purchased Basis Date Sold Amount Realized
Stock A 1/23/1996 $ 7,250 7/22/2020 $ 4,500
Stock B 4/10/2020 14,000 9/13/2020 17,500
Stock C 8/23/2018 10,750 10/12/2020 15,300
Stock D 5/19/2010 5,230 10/12/2020 12,400
Stock E 8/20/2020 7,300 11/14/2020 3,500

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?

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