Please prepare schedule D

1:5-68 ZAS Spencer Duck (SSN 000-22-1111 is single and his eight-year-old son. Mitch, lives with him nme months of the year in a rented condominium at 321 Hickory Drive to Ames, lowa. Match lives with his mother, Spencer's ex-wife during the summer months. His mother provides more than half of Mitch's support and Spencer has agreed to allow her to claim Mitch as her dependent. Spencer has a salary of $39.000 and itemized deductions of $4.000. Taxes withheld during the year amount to $3.221. Spencer received a kizama partnership indicating that his share of the partnership STCL. A $200. On July 14 of the current year, he sold the following assets: Land was sold for $35,000. The land was received as a property settlement on January 10. 2010, when the lands: FMV amounted to $30.000. His ex-wife' basis for the land. purchased on January 10, 2002, was $18.600. A prsonal use computer acquired on March 2 last year for $4,000 was sold for $2,480. A membership card for a prestigious country club was sold for $8.500. The card was acquired on October 10, 2004, for $6.000. Marketable securities held as an investment were sold for $20.000. The securities were inherited from his uncle, who died on March 10 of the current year when IMV of the securities was $21,000. The uncle purchased the securities on May 10, 1990, for $10,700. In addition to the above sales, Spencer received a $100 refund of state income taxes paid last year. Spencer used the standard deduction last year to compute his tax liability, Prepare Form 1040 and Schedule D for the current year