Papageno is single and estimates his taxable income will be $35,000 after taking the standard deduction. He has no tax credits to take. Papageno for his business activities is required to refurbish a certain Zauberflte. Papageno owns 10,000 shares of Tamino stock which he purchased 10 years ago. His cost basis in the shares was $10 and the are currently trading for $20 per share. The refurbishment will cost $20,000. If he sells 2,000 shares, he will be able to pay the refurbishment cost. His gain will be $20,000. At what rate will the gain from the stock be taxed. O There are not enough facts O No gain will be taxed O Part of the gain will be taxed at 20% Part of the gain will be taxed at 15%