Tax Accounting

During the year, Tamara had capital transactions resulting in gains (losses) as follows: Sold stock in ABC Company (acquired two years ago) ($4,100) Sold collectible coins (held for more than one year) 5,740 Sold stock in XYZ Company (acquired six months ago) (11,480) Sold stock in LMN Company (acquired three years ago) 1,435 Determine Tamara's net capital gain or loss as a result of these transactions: As a result of these transactions, Tamara has a of s and a of Overall, Tamara has a net of