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Rudy has the following capital gains and losses for the current year. What is the effect of the capital asset transactions on his taxable income?

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Rudy has the following capital gains and losses for the current year. What is the effect of the capital asset transactions on his taxable income? Short-term capital loss $ (15,500) Long-term capital gain 11,600 Long-term capital loss (4,500) Net long-term capital loss $8,400 Net short-term capital loss $8,400 Short-term capital loss $15.500, long-term capital gain $7.100 Long-term capital loss $4,500, short-term capital loss $3,900

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