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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

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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 she Indicated by a minus sign.) Description Date Purchased Stock A 1/23/1997 Stock 4/10/2021 Stock C 8/23/2019 Stock D 5/19/2011 Stock E 8/20/2021 Basis $ 7,850 15,200 12,250 5,710 7,720 Date Sold 7/22/2021 9/13/2021 10/12/2021 10/12/2021 11/14/2021 Amount Realized $ 4,980 18,970 17,340 13,300 3,800 b. What is Grayson's net long-term gain or loss from these transactions? Net long-term capital gain or lons

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