Mike sold the following shares of stock in 2016: Date Purchased Adjusted Basis Proceeds S Corp. O Corp. C Corp. K Corp. Date Sold 7/25/2010 $4,800 9/25 5/17/2012 1,600 6/07 1,100 1/04/2014 3,900 8/25 7,500 11/02/2015 2,500 10/01 1,800 $9,500 Sales What are the tax consequences of these transactions, assuming his marginal tax rate is (a) 33% and (b) 39.6%? Ignore the medicare tax on net investment income.