K Phil, a cash-basis taxpayer, sells the following marketable securities, which are capital assets during 2023. 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 2023. (Use parentheses or a minus sign for loss amounts.) Capital Gain/(loss) Long-term or short-term Asset Amount capital gain/loss A B C $ Long-term capital gain 12,000 (3,000) Short-term capital loss 7,400 Long-term capital gain Phil's 2023 net capital gain is Phil's 2023 adjusted net capital gain is 19400 16400 ....

Ptyl, a cash-basis taxpayer, sells the following manctable securities, which are capilal assets during 2023 for loss amounts ? Phir's 2023 net capital gain is Phil's 2023 sdjusted net capital gain is