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Question 2 (4 Points) Britta incurred the following capital gains and losses in 2018: Short-term capital gain Short term capital loss Long term capital gain

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Question 2 (4 Points) Britta incurred the following capital gains and losses in 2018: Short-term capital gain Short term capital loss Long term capital gain (28%) Long term capital gain (25%) Long term capital gain (0%/15%/20%) Long term capital loss (0%/15%/20%) $12,000 ($19,000) $5,000 $12,000 $17,000 ($20,000) What is the net gain or loss Britta must recognize in 2018? Specify the character and tax rate that applies to the gain or loss. Please show your work

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