You are in the 28% marginal tax rate. Stock you purchased at the beginning of the year has increased in value by $29,000. a. If you sell the stock today, your capital gain will be classified as short-term. At what rate would you be taxed, and what would be your tax liability? Tax rate Tax liability % b. If you waited a month, your capital gain would be classified as long-term. At what rate would you be taxed, and what would be your tax liability given this scenario? Tax rate Tax liability % c. You earned a salary of $95,000, had interest income of $500, and dividend income of $160, and you experienced the short- term capital gain described in part a, above. What is your gross income? Gross income