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Please show all work Butterman is a medical doctor and incurred the following transactions in the year. Sales Price Basis Purchased Sold Legacy City Bonds*

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Butterman is a medical doctor and incurred the following transactions in the year. Sales Price Basis Purchased Sold Legacy City Bonds* $10,000 $4,000 11/1/2017 5/2/2021 Cross Preferred Stock 25,500 6,500 7/15/2012 1/12/2021 Dryer's Soap Stock 14,000 11,000 7/1/2020 4/20/2021 Nonvalent Common 12,000 11,000 12/12/2020 11/29/2021 AMD Stock 4,000 1,000 8/2/2009 5/2/2021 ABC Common 6,000 10.000 5/30/2019 10/20/2021 Prior year ST Capital Loss 5,500 Carryforward Prior year LT Capital Loss 3,500 Carryforward *Purchased when originally issued by Legacy City What is the Net Short-Term Capital Gain Loss reported on the 2021 Schedule D? What is the Net Long-Term Capital Gain Loss reported on the 2021 Schedule D? What amount of capital gain is subject to the preferential capital gains rate? Butterman is a medical doctor and incurred the following transactions in the year. Sales Price Basis Purchased Sold Legacy City Bonds* $10,000 $4,000 11/1/2017 5/2/2021 Cross Preferred Stock 25,500 6,500 7/15/2012 1/12/2021 Dryer's Soap Stock 14,000 11,000 7/1/2020 4/20/2021 Nonvalent Common 12,000 11,000 12/12/2020 11/29/2021 AMD Stock 4,000 1,000 8/2/2009 5/2/2021 ABC Common 6,000 10.000 5/30/2019 10/20/2021 Prior year ST Capital Loss 5,500 Carryforward Prior year LT Capital Loss 3,500 Carryforward *Purchased when originally issued by Legacy City What is the Net Short-Term Capital Gain Loss reported on the 2021 Schedule D? What is the Net Long-Term Capital Gain Loss reported on the 2021 Schedule D? What amount of capital gain is subject to the preferential capital gains rate

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