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QUESTION 24 Use the following to answer questions 24 and 25: Susan sells her antique desk that she has owned for 25 years for a

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QUESTION 24 Use the following to answer questions 24 and 25: Susan sells her antique desk that she has owned for 25 years for a $5,000 gain. Susan's marginal rate is 22%. Joy sells her stamp collection that she has owned for 25 years for $5,000. Joy's marginal rate is 37%. What tax rate will be applied to Susan's gain? a. 0% b. 22% C. 25% d. 28% e. 37% QUESTION 25 What tax rate will be applied to Joy's gain? a. 0% b. 22% c. 25% d. 28% e. 37% QUESTION 24 Use the following to answer questions 24 and 25: Susan sells her antique desk that she has owned for 25 years for a $5,000 gain. Susan's marginal rate is 22%. Joy sells her stamp collection that she has owned for 25 years for $5,000. Joy's marginal rate is 37%. What tax rate will be applied to Susan's gain? a. 0% b. 22% C. 25% d. 28% e. 37% QUESTION 25 What tax rate will be applied to Joy's gain? a. 0% b. 22% c. 25% d. 28% e. 37%

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