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In 2007, Mark has 17000 STCL, 6000 28% gain, and 7000 5%/15% gain. The net ST and/or LT gain and or losses for 2007? Show

In 2007, Mark has 17000 STCL, 6000 28% gain, and 7000 5%/15% gain.

The net ST and/or LT gain and or losses for 2007? Show Work

What is the appropriate tax treatment of the net gain or loss? Be specific as to tax treatment.

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