Question: Exercise 8-5 (Algorithmic) (LO. 4) Elliott has the following capital gain and loss transactions for 2018. a. Short-term capital gain $11,600 b. Short-term capital loss

Exercise 8-5 (Algorithmic) (LO. 4)

Elliott has the following capital gain and loss transactions for 2018.

a. Short-term capital gain $11,600
b. Short-term capital loss (27,840)
c. Long-term capital gain (28%) 92,800
d. Long-term capital gain (25%) 37,120
e. Long-term capital gain (15%) 46,400
f. Long-term capital loss (28%) (37,120)
g. Long-term capital loss (15%) (69,600)

After the netting process, Elliott has an overall of $.

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