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(The following information applies to the questions displayed below.) Grayson (single) is in the 24 percent tax rate bracket and has sold the following stocks

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(The following information applies to the questions displayed below.) Grayson (single) is in the 24 percent tax rate bracket and has sold the following stocks in 2020: (Loss amounts should be indicated by a minus sign.) Description Date Purchased Stock A 1/23/1996 Stock B 4/10/2020 Stock C 8/23/2018 Stock D 5/19/2010 Stock E 8/20/2020 Basis $ 8,000 15,500 12,625 5,830 7,825 Date Sold 7/22/2020 9/13/2020 10/12/2020 10/12/2020 11/14/2020 Amount Realized $ 5,100 19,330 17,850 13,525 3,875 d. What amount of the gain, if any, is subject to the preferential rate for certain capital gains? Net capital gain

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