2. LO.5 Lefty completes the following capital asset transactions. By how much does Leftys AGI increase/decrease as

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2. LO.5 Lefty completes the following capital asset transactions. By how much does Lefty’s AGI increase/decrease as a result of these gains/losses?

Long-term gain $10,000 Short-term gain 4,000 Short-term loss 25,000

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