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Sophia has the following sources of income for 2021: Salary Income $85,200 Interest Income $1,200 Business Income $10,000 Dividend Income (qualified) $1,600 Dividend Income (not

Sophia has the following sources of income for 2021: Salary Income $85,200 Interest Income $1,200 Business Income $10,000 Dividend Income (qualified) $1,600 Dividend Income (not $800 qualified) Long-Term Capital Gain $2,400 Income Short-Term Capital Gain $600 Income How much of this income will be taxed at a preferential (lower) tax rate? $4,600 O $4,000 O $4,800 $5,400 Which of the following capital gains will be taxed at a preferential rate? OA collectible that was purchased on July 5, 2020 and sold on April 14, 2021. Stock that was purchased on May 5, 2020 and sold on May 5, 2021. O Investment land that was purchased on March 11, 2020 and sold on June 10, 2021

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