Required information (The following information applies to the questions displayed below. Dahlia is in the 32 percent tax rate bracket and has purchased the following shares of Microsoft common stock over the years: Date Purchased 7/10/2011 4/20/2012 1/29/2013 11/02/2015 Shares 470 370 570 320 Basis $ 17,390 15,836 17,442 11,584 If Dahlia sells 1,010 shares of Microsoft for $57,570 on December 20, 2021, what is her capital gain or loss in each of the following assumptions? (Do not round intermediate calculations.) a. She uses the FIFO method. == ! Required information [The following information applies to the questions displayed below. Dahlia is in the 32 percent tax rate bracket and has purchased the following shares of Microsoft common stock over the years: Date Purchased 7/10/2011 4/20/2012 1/29/2013 11/02/2015 Shares 470 370 570 320 Basis $ 17,390 15,836 17,442 11,584 If Dahlia sells 1,010 shares of Microsoft for $57,570 on December 20, 2021, what is her capital gain or loss in each of the following assumptions? (Do not round intermediate calculations.) b. She uses the specific identification methox and she wants to minimize her current-year capital gain. Required information [The following information applies to the questions displayed below. Matt and Meg Comer are married and file a joint tax return. They do not have any children. Matt works as a history professor at a local university and earns a salary of $70,200. Meg works part-time at the same university. She earns $33,300 a year. The couple does not itemize deductions. Other than salary, the Comers' only other source of income is from the disposition of various capital assets (mostly stocks). (Use the tax rate schedules, Dividends and Capital Gains Tax Rates.) (Round your final answers to the nearest whole dollar amount.) 5 a. What is the Comers' tax liability for 2021 if they report the following capital gains and losses for the year? Short-term capital gains Short-term capital losses Long-term capital gains Long-term capital losses $ 13,500 (6,500) 19,500 (10,500) Total tax liability