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Required information The following information applies to the questions displayed below Grayson is in the 24 percent tax rate bracket and has sold the following

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Required information The following information applies to the questions displayed below Grayson is in the 24 percent tax rate bracket and has sold the following stocks in 2018: (Loss amounts should be indicated by a minus sign.) Amount scription Date Purchased Stock A Stock B Stock C Stock D Stock E Basis 1/23/1994 8,e50 4/1e/2818 15,60e 8/23/2016 12,750 5,870 7,860 9/13/2818 10/12/2818 10/12/2018 11/14/2818 Date Sold Realized 7/22/2018 5,140 19,450 18,020 13,600 3,909 5/19/2888 8/20/2818 o. 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? Amount

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