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If Isabella Rodriguez is single and in the 35 percent tax bracket, calculate the tax associated with each of the following transactions. ( Hint: Use

If Isabella Rodriguez is single and in the 35 percent tax bracket, calculate the tax associated with each of the following transactions. (Hint: Use the IRS regulations for capital gains in effect in 2018.)

Treat each of the following cases as independent of the others. Tax savings should be preceded by a "-" sign. Round the answers to the nearest cent.

  1. She sold stock for $3,930 that she purchased for $3,000 4 months earlier.

    $ _____

  2. She sold bonds for $4,500 that she purchased for $3,500 3 years earlier.

    $ _____

  3. She sold stock for $2,700 that she purchased for $3,000 23 months earlier. Assume this to be the only Stock in Isabella's portfolio.

    $ _____

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