Haneen has taxable income of $$110,000$ without consideration of capital gain or loss transactions. Haneen has a short$-$term capital gain of $$18,800,$ a long$-$term capital loss of $$7,250,$ and a short$-$term capital gain of $$4,450.$ Assume none of the gains or losses are from collectibles or unrecaptured $1250$ property, and Haneen is in the $24\%$ tax bracket.

Required:

What is the total short$-$term gain or loss?

What is the total long$-$term gain or loss?

What is the carryover amount? Is the gain or loss after netting taxed at the Ordinary or Capital rate?