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You have a stock portfolio initally invested ( purchase price ) as follows: Purchase price 2 / 1 / 2 3 Stock A 4 0

You have a stock portfolio initally invested (purchase price) as follows:
Purchase price
2/1/23
Stock A
40,000
Stock B
50,000
Stock C
10,000
Assume the current date is 2/16/24 and stock A is sold for $35,000, Stock B has value of $62,000 and stock C has a value is sold for $17,000. If ordinary tax income tax rates are 30% and capital gains tax rates are 15%: a: What is your net gain or (loss) realized and b: What is the amount of taxes owed or if applicable saved by a loss? (Please be sure to label your answers a and b.

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