Required Information Problem 4-30 (LO 4-1) (Algo) [The following Information applies to the questions displayed below] Aram's taxable Income before considering capital gains and losses is $84,000. Determine Aram's taxable Income and how much of the income will be taxed at ordinary rates in each of the following alternative scenarios (assume Aram files as a single taxpayer). Problem 4-30 Part b (Algo) b. Aram sold a capital asset that he owned for more than one year for a $2.240 gain, a capital asset that he owned for more than one year for a $2.980 loss, a capital asset that he owned for six months for a $440 gain, and a capital asset he owned for two months for a $2.380 loss. Taxable income 13 81,320 Income taxed at ordinary rates S 78.040