Problem 5 Trisha, who is single and has taxable income of $300,000 sells the following capital assets in 2018 with gains and losses as shown. Asser Gain or (Loss) Holding Period A $15,000 15 Months $ 7.000 20 Months C $(3,000) 14 Months Determine Trisha's increase in tax liability as a result of the three sales. All assets are stock held for investment. Ignore the effect of increasing AGI on deductions and phase-out amounts. b. Determine her increase in tax liability if the holding period for asset B is 8 months. C. Determine her increase in tax liability if the holding periods are the same as in Part a but Asset B is an antique clock. d. Determine her increase in tax liability if her taxable income is $500,000