Sales Date Date Price Basis $5,000 6,000 10,000 10,000 3,000 9,000 Purchased Sold $ 10,000 25,000 14,000 2,000 Provo City Bonds Cisco Preferred Stock Dreyer's Grand Ice Cream Stock Novell Common IBM Stock ommon 5/2/2019 1/12/2019 4/20/2019 11/29/2019 11/1/2015 7/15/2010 7/1/2018 2/12/2016 4,000 6,000 1/12/2019 5/30/2017 5/2/2019 10/20/2019 Prior year STCL Carryforward Prior year LTCL Carryforward 5,500 6,000 Jaime is in the 24% ordinary income tax bracket and experienced the following capital transactions in 2019 a. Using good form, determine Jaime's net gain or loss. NOTE: Your analysis must show your netting process in order to receive full credit b. What amount of gain, if any, is subject to the preferential rate for certain capital gains AND what tax rate will Jaime pay on that gain? Sales Date Date Price Basis $5,000 6,000 10,000 10,000 3,000 9,000 Purchased Sold $ 10,000 25,000 14,000 2,000 Provo City Bonds Cisco Preferred Stock Dreyer's Grand Ice Cream Stock Novell Common IBM Stock ommon 5/2/2019 1/12/2019 4/20/2019 11/29/2019 11/1/2015 7/15/2010 7/1/2018 2/12/2016 4,000 6,000 1/12/2019 5/30/2017 5/2/2019 10/20/2019 Prior year STCL Carryforward Prior year LTCL Carryforward 5,500 6,000 Jaime is in the 24% ordinary income tax bracket and experienced the following capital transactions in 2019 a. Using good form, determine Jaime's net gain or loss. NOTE: Your analysis must show your netting process in order to receive full credit b. What amount of gain, if any, is subject to the preferential rate for certain capital gains AND what tax rate will Jaime pay on that gain