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Review the following scenario. Then, choose the response that correctly completes the last sentence describing how revenue from the sale of stock affects the taxpayer's

Review the following scenario. Then, choose the response that correctly completes the last sentence describing how revenue from the sale of stock affects the taxpayer's taxable income, and how the revenue is taxed. Nadine bought 100 shares of OAK stock for $30 a share on April 30, 2019. On July 1, 2020, she noticed that the stock had increased in value to $35 a share. She decided to sell her shares. Nadine's only other income for the year consisted of $65,000 in wages. She will claim the standard deduction when she files her return. Nadine's revenue from the sale of stock will increase her taxable income by:

$500, and this $500 will be taxed at a capital gain rate of 15%.

$500, and this $500 will be taxed at her regular marginal tax rate of 22%.

$3,500, and this $3,500 will be taxed at a capital gain rate of 20%.

$3,500, and this $3,500 will be taxed at her regular marginal rate of 22%.

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