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

[The following information applies to the questions displayed below.] Grayson is in the 24 percent tax rate bracket and has sold the following stocks in 2018: (Loss amounts should be indicated by a minus sign.) Description Date Purchased Basis Date Sold Amount Realized Stock A 1/23/1994 $ 7,650 7/22/2018 $ 4,820 Stock B 4/10/2018 14,800 9/13/2018 18,490 Stock C 8/23/2016 11,750 10/12/2018 16,660 Stock D 5/19/2008 5,550 10/12/2018 13,000 Stock E 8/20/2018 7,580 11/14/2018 3,700 c. What is Graysons overall net gain or loss from these transactions?

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