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You just sold your comic book collection that you had worked on for the past ten years for a capital gain of $7,500. Assuming you
You just sold your comic book collection that you had worked on for the past ten years for a capital gain of $7,500. Assuming you are in the 12 percent marginal tax bracket, how much federal income tax will be due on this gain?
| a. | $0 | |
| b. | $1,125 | |
| c. | $375 | |
| d. | $750 |
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