Trisha, who is single and has taxable income of $300,000, sells the following capital assets in 2018 with gains and losses as shown:

a. Determine Trisha's increase in tax liability as a result of the three sales. All assets are stock held for investment. Ignore the effect of increasing AGI on deductions and phase-out amounts.

b. Determine her increase in tax liability if the holding period for asset B is 8 months.

c. Determine her increase in tax liability if the holding periods are the same as in Part a but asset B is an antique clock.

d. Determine her increase in tax liability if her taxable income is $500,000.

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Holding Period 15 months 20 months 14 months Gain or (Loss) Asset $15,000 7,000 (3,000) B