[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 2022:

Note: Loss amounts should be indicated by a minus sign.

Stock	Date Purchased	Basis	Date Sold	Amount Realized
Stock A	1/23/1998	$ 7,250	7/22/2022	$ 4,500
Stock B	4/10/2022	14,000	9/13/2022	17,500
Stock C	8/23/2020	10,750	10/12/2022	15,300
Stock D	5/19/2012	5,230	10/12/2022	12,400
Stock E	8/20/2022	7,300	11/14/2022	3,500

b. What is Grayson's net long-term gain or loss from these transactions?

c. What is Grayson's overall net gain or loss from these transactions?

d. What amount of the gain, if any, is subject to the preferential rate for certain capital gains?