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36) Henry, a single taxpayer with a marginal tax rate of 35 percent (taxable income is $300,000 before considering any of the items below), sold the following assets during the year: 2 Asset ABC Stock XYZ Stock Stamp Collection RST Stock Rental Home Sale Price Tax Basis Gain/Loss Holding Period s 50,000 25,000 25,000 More than 1 Year S 12,000 $ 9,000 S 3,000 Less than 1 Year s 10,000 5,000 5,000 More than 1 Year s 13,000 19,000 s (6,000) Less than 1 Year s 100,000 50,000* 50,000 More than 1 Year *$25,000 of the gain is a 25 percent gain. The remaining gain is 0/15/20 percent gain. What tax rate(s) will apply to Henry's capital gains or losses? 5 5