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Problem 4 - 1 3 Capital Gains [ LO 4 - 5 ] Samuel Jenkins made two investments; the first was 1 3 months ago

Problem 4-13 Capital Gains [LO4-5]
Samuel Jenkins made two investments; the first was 13 months ago and the second was 2 months ago. He just sold both investments and has a capital gain of $5,000 on each. If Samuel is single and has taxable income of $40,750, what will be the amount of capital gains tax on each investment? See Capital Gains table and Taxable income rate table.
\table[[,\table[[Capital],[Gains Tax]]],[Investment 1(held 13 months),],[Investment 2(held 2 months),]]
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