John and Mary are in their 50s, married, and have no children.They have salaries of a total of $100,000 with 18,000 in Federal withholding. They have the following other items of note:

Interest from Bank of Texas10,000

Qualifying dividends3,000

Non-qualifying dividends2,000

Sales of the following securities:

Stock:

Bought

Sold

Sales Price

Cost

Blue

01/01/85

02/01/19

3000

2000

Amber

01/01/19

02/01/19

15000

14000

Green

01/01/85

02/01/19

12000

8000

Red

01/01/19

02/01/19

3000

4000

Purple

01/01/19

02/01/19

5000

2000

What are their net long term capital gains or losses?

What are their net short term capital gains or losses?

Compute their adjusted gross income.

Compute their taxable income.

Compute their tax due or refund.