Mike is a car salesman and trades in the stock market. In 2020, he had the following stock transactions:

Asset # Asset Date Bought and Price Date Sold and Price

1 50 shares of IBM 4/23/14 for $5000 3/5/18 for $7000

2 20 shares of Mitsui Bank 4/6/18 for $9000 7/6/18 for $6500

3 500 shares of Newmont Mining 5/24/16 for $7500 7/9/18 for $3500

4 140 shares of ExxonMobil 3/6/18 for $7000 9/20/18 for $9000

5 200 shares of Scams R Us 3/16/17 for $8000 3/16/18 for $1000

1. For each asset number, please identify the long/short term, total gain/loss, and tax rate (if gain)

2. Mike had a net income of $250,000 and is single. What is the total net investment income tax for the gains and losses in 2020?