Sparty Jones, whose marginal tax rate on ordinary income is 24%, sold 4 investment assets this year resulting in the following capital gains and losses:

• Short-term capital gain $2,800
• Short-term capital loss $(4,000)
• Long-term capital gain $29,000
• Long-term capital loss $(25,100)

How much of Spartys net capital gain is taxed at 15%?

	a.	$31,800
	b.	$3,900
	c.	$2,700
	d.	$1,100