James, a cash-basis taxpayer, sells the following marketable securities, which are capital assets during 2017 (Click the icon to view the marketable securities.) Determine whether the gains or losses are long-term or short-term. Also determine the net capital gain and adjusted net capital gain for 2017. (Use parentheses or a minus sign for loss amounts.) Capital Gain loss) Long-term or short-term Data Table capital gaiMoss Capital AssetBasis Date Trade Date Sales Price James's 2017 net capital gain is S and his adjusted net capital gain is S A 48,000 Feb. 10,2016 Aug. 1258,000 18,000 38,400 32,000 Dec. 5, 2016 May 2 25,000 Apr. 9, 2015 Dec. 10 PrintDone