K Consider the four independent situations below for an unmarried individual, and analyze the effects of the capital gains and losses on the individual's AGI. View the four independent cases. Requirement For each case, determine AGI after considering the capital gains and losses. For each case, determine the net short-term capital gain (NSTCG) or net short-term capital loss (NSTCL), the net long-term capital gain (NLTCG) or net long-term capital loss (NLTCL), and then the AGI after considering the capital gains and losses. (Use a minus sign or parentheses to enter a loss.) NSTCG (NSTCL) Four Independent Cases Situation 1 Situation 2 Situation 3 Situation 4 Situation 1 Situation 2 Situation 3 Situation 4 - AGI (excluding property transactions) $ 60,000 $ 40,000 $ 50,000 $ 70,000 STCG 7,000 2,000 4,000 4,000 STCL 1,000 5,000 3,000 20,000 LTCG 2,500 18,000 9,000 10,500 LTCL 1,000 7,000 11,500 3,000 Print Done