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Required information The following information applies to the questions displayed below] Aram's taxable income before considering capital gains and losses is $72,000. Detemine Aram's taxable

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Required information The following information applies to the questions displayed below] Aram's taxable income before considering capital gains and losses is $72,000. Detemine Aram's taxable income and how much of the income wil be taxed at ordinary rates in each of the following alternative scenarios lassume Aram files as a single taxpayer]. b. Aram sold a capital asset that he owned for more than one year for \$\$2,120 gain, a capital asset that he owned for more than one year for a $2740 loss, a capital asset that he owned for six monthis for a $320 gain, and a capital asset he owned for fwo months for a 52, 140 loss

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