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Problem 7-42 (LO 7-2) (Algo) [The following information applies to the questions displayed below] Dahlia is in the 32 percent tax rate bracket and has

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Problem 7-42 (LO 7-2) (Algo) [The following information applies to the questions displayed below] Dahlia is in the 32 percent tax rate bracket and has purchased the following shares of Microsoft common stock (Nasdaq: MSFT) over the years: If Dahlia sells 1,190 shares of Microsoft for $74,970 on December 20,2023 , what is her capital gain or loss in each of the following assumptions? Note: Do not round intermediate calculations. Problem 7.42 Part-b (Algo) b. She uses the specific identification method and she wants to minimize her current-year capital gain

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