Phil, a cash-basis taxpayer, sells the following marketable securities, which are capital assets during 2013. Determine whether the gains or losses are long-term or short-term. Also determine the net capital gain and adjusted net capital gain for 2013.

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Capital Asset DateTrade Date Sales Price Acquired in 2013 A $40,000 Feb. 10, 2012 Aug. 12$52,000 17,000 37,400 20,000 0,000 Dec. 5, 2012 Apr. 9,2011 May 2 Dec. 10