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Question 20 (3 points) What is the federal income tax owed by an investor in the 35 percent income tax bracket? The tax rate on

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Question 20 (3 points) What is the federal income tax owed by an investor in the 35 percent income tax bracket? The tax rate on long-term capital gains is 15 percent. a. Bob owns a savings account that paid $350 in interest and sold Stock B for a long-term capital gain of $1,200. b. Bill sold Stock A for a short-term capital gain of $3,500; sold Stock B for a short-term capital loss of S3,100. c. Brian sold Stock A for a long-term capital gain of S3,700; sold Stock B for a long-term capital loss of $5,100 d. Barbara sold Stock A for a S6,000 short-term loss and sold Stock B for a $2,000 long-term gain. e. Roberta's IRA account collected interest of $1,000 and a bond paid her interest of $1,000

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