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! Required information (The following information applies to the questions displayed below.] Grayson (single) is in the 24 percent tax rate bracket and has sold

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! Required information (The following information applies to the questions displayed below.] Grayson (single) is in the 24 percent tax rate bracket and has sold the following stocks in 2021: (Loss amounts should be indicated by a minus sign.) Description Date Purchased Stock A 1/23/1997 Stock B 4/10/2021 Stock C 8/23/2019 Stock D 5/19/2011 Stock E 8/20/2021 Basis $ 7,250 14,000 10,750 5,230 7,300 Date Sold 7/22/2021 9/13/2021 10/12/2021 10/12/2021 11/14/2021 Amount Realized $ 4,500 17,500 15,300 12,400 3,500 a. What is Grayson's net short-term capital gain or loss from these transactions? Net short-term capital gain or loss b. What is Grayson's net long-term gain or loss from these transactions? Net long-term capital gain or loss c. What is Grayson's overall net gain or loss from these transactions? Net capital gain or loss d. What amount of the gain, if any, is subject to the preferential rate for certain capital gains? Net capital gain

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