Netting Gains and Losses Trisha, whose tax rate is 35%, sells the following capital assets in 2010 with gains and losses as shown: Asset Gain or (Loss) Holding Period A $15,000 15 months B 7,000 20 months C (3,000) 14 months a. Determine Trishas increase in tax liability as a result of the three sales. b. Determine her increase in tax liability if the holding period for asset B is 8 months. c. What is her increase in tax liability under the original scenario if her marginal tax bracket was 39.6%