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Joan Hong reported taxable income in 202 of $150,000, which included the following transactions: a. In June 202, Joan sold 100 shares of stock for

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Joan Hong reported taxable income in 202 of $150,000, which included the following transactions: a. In June 202, Joan sold 100 shares of stock for $40 per share. She had purchased them three months earlier for $34 per share. b. In October 202, Joan sold 200 shares of stock for $79 per share. She had purchased them three years earlier for $60 per share. Joan had no dividend income in 202. If long-term capital gains are taxed at 15% and all ordinary income is taxed at 25%, what is Joan's tax liability for 202 ? (Do not include the " $

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