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In 2020, Bertha Jarow had a $28,000 loss from the sale of a personal residence. She also purchased a patent on a rubber bonding

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In 2020, Bertha Jarow had a $28,000 loss from the sale of a personal residence. She also purchased a patent on a rubber bonding process from an Individual inventor for $7,000 (and resold it in two months for $18,000). The patent had not yet been reduced to practice. Bertha purchased the patent as an investment. In addition, she had the following capital gains and losses from stock transactions: Long-term capital loss Long-term capital loss carryover from 2019 Short-term capital gain Short-term capital loss a. What is Bertha's net capital gain or loss? Bertha has a net long-term capital loss ($6,000) (12,000) 21,000 (7,000) of $ -18,000 X. of $ 14,000 V. of s 7,000 Bertha has a net short-term capital gain As a result, Bertha has an overall net short-term capital gain

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