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You had the following capital transactions in 2018 date bought date sold proceedsbasis gain/loss 700 500 2,500 1/1/201512/31/2018 5,000 12,000 -7,000 12,800 -3,800 300 100

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You had the following capital transactions in 2018 date bought date sold proceedsbasis gain/loss 700 500 2,500 1/1/201512/31/2018 5,000 12,000 -7,000 12,800 -3,800 300 100 18M 200 Google 300 Alibaba 1/1/2018 1/1/2017 12/31/2018 1,000 1/1/2018 3,000 total 9,000 31. What is the amount of the NET short term gain or loss? A. $3,200 GAIN B. $700 GAIN c. $2,500 GAIN D. Zero E. -$3,800 LOSS 32. What is the amount of NET long term capital gain or loss? A. $3,200 GAIN B. -$7,000 LOSS C. $2,500 GAIN D. Zero E. -$3,800 LOSS 33. What is the amount of total NET capital gain or loss? A. $3,200 GAIN B. -$7,000 LOSS C. $2,500 GAIN D. Zero E. -$3,800 LOSS

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