Ophelia had the following capital transactions for 2021: Acquired Item Sold Selling Price Cost 9-13-06 Stock 7-13-21 $3,000 $4,500 6-20-05 Stock 9-30-21 $5,800 $2,000 7-10-21 Stock 9-30-21 $1,000 $2,300 3-15-21 Stock 8-14-21 $800 $600 Her AGI before considering these items was $136,000. Net the transactions. What is the maximum rate on the NCG?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Ophelia had the following capital transactions for
2021:
Acquired Item Sold Selling Price Cost
9-13-06 Stock 7-13-21 $3,000 $4,500
6-20-05 Stock 9-30-21 $5,800 $2,000
7-10-21 Stock 9-30-21 $1,000 $2,300
3-15-21 Stock 8-14-21 $800 $600
Her AGI before considering these items was
$136,000. Net the transactions. What is the
maximum rate on the NCG?
Transcribed Image Text:Ophelia had the following capital transactions for 2021: Acquired Item Sold Selling Price Cost 9-13-06 Stock 7-13-21 $3,000 $4,500 6-20-05 Stock 9-30-21 $5,800 $2,000 7-10-21 Stock 9-30-21 $1,000 $2,300 3-15-21 Stock 8-14-21 $800 $600 Her AGI before considering these items was $136,000. Net the transactions. What is the maximum rate on the NCG?
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