Tom Collins, Inc. has the following capital gains and loss transactions in 2022.

Short-term gain $1,500

Short-term loss ($2,100)

Long-term gain $16,000

Long-term loss ($10,500)

After the netting process, what is the amount and character of the gain or loss?

free answer and explain pls

Vizsla, LLC's shareholders are in the 32% marginal tax bracket. Because of their high tax rate, Vizsla, LLC is trying to decide if it should renew a certificate of deposit ("CD") of $10,000, 6%, which generates taxable income. Vizsla could move the $10,000 to tax-exempt municipal bonds. What is the minimum rate of interest Norma would have to receive to make the tax exempt-bond as profitable of an investment as the CD?

4.08%

6.00%

8.40%

9.00%

explain pls