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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

[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 $ 7,750 7/22/2022 $ 4,900
Stock B 4/10/2022 15,000 9/13/2022 18,730
Stock C 8/23/2020 12,000 10/12/2022 17,000
Stock D 5/19/2012 5,630 10/12/2022 13,150
Stock E 8/20/2022 7,650 11/14/2022 3,750

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

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