Problem $4-30$ Part a $($Algo$)$

a$.$ Aram sold a capital asset that he owned for more than one year for a $$5,400$ gain, a capital asset that he owned for more than one

year for a $$700$ loss, a capital asset that he owned for six months for a $$1,600$ gain, and a capital asset he owned for two months for a

$$1,100$ loss. Required information

Problem $4-30($LO $4-1)($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Aram's taxable income before considering capital gains and losses is $$80,000.$ Determine Aram's taxable income and how

much of the income will be taxed at ordinary rates in each of the following alternative scenarios $($assume Aram files as a

single taxpayer$).$

Problem $4-30$ Part b $($Algo$)$

b$.$ Aram sold a capital asset that he owned for more than one year for a $$2,200$ gain, a capital asset that he owned for more than one

year for a $$2,900$ loss, a capital asset that he owned for six months for a $$400$ gain, and a capital asset he owned for two months for a

$$2,300$ loss.

Taxable income

Income taxed at ordinary rates Required information

Problem $4-30($LO $4-1)($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Aram's taxable income before considering capital gains and losses is $$80,000.$ Determine Aram's taxable income and how

much of the income will be taxed at ordinary rates in each of the following alternative scenarios $($assume Aram files as a

single taxpayer$).$

Problem $4-30$ Part c $($Algo$)$

c$.$ Aram sold a capital asset that he owned for more than one year for a $$2,700$ loss, a capital asset that he owned for six months for a

$$4,600$ gain, and a capital asset he owned for two months for a $$500$ loss.

Taxable income

Income taxed at ordinary rates Required information

Problem $4-30($LO $4-1)($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Aram's taxable income before considering capital gains and losses is $$80,000.$ Determine Aram's taxable income and how

much of the income will be taxed at ordinary rates in each of the following alternative scenarios $($assume Aram files as a

single taxpayer$).$

Problem $4-30$ Part c $($Algo$)$

c$.$ Aram sold a capital asset that he owned for more than one year for a $$2,700$ loss, a capital asset that he owned for six months for a

$$4,600$ gain, and a capital asset he owned for two months for a $$500$ loss.

Taxable income

Income taxed at ordinary ratesRequired information

Problem $4-30($LO $4-1)($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Aram's taxable income before considering capital gains and losses is $$80,000.$ Determine Aram's taxable income and how

much of the income will be taxed at ordinary rates in each of the following alternative scenarios $($assume Aram files as a

single taxpayer$).$

Problem $4-30$ Part d $($Algo$)$

d$.$ Aram sold a capital asset that he owned for more than one year for a $$3,600$ gain, a capital asset that he owned for more than one

year for a $$500$ loss, a capital asset that he owned for six months for a $$400$ gain, and a capital asset he owned for two months for a

$$2,300$ loss.

Taxable income

Income taxed at ordinary rates Required information

Problem $4-30($LO $4-1)($Algo$)$

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$[$The following information applies to the questions displayed below.$]$

Aram's taxable income before considering capital gains and losses is $$80,000.$ Determine Aram's taxable income and how much of the income will be taxed at ordinary rates in each of the following alternative scenarios $($assume Aram files as a single taxpayer$).$

Problem $4-30$ Part a $($Algo$)$

a$.$ Aram sold a capital asset that he owned for more than one year for a $$5,400$ gain, a capital asset that he owned for more than one year for a $$700$ loss, a capital asset that he owned for six months for a $$1,600$ gain, and a capital asset he owned for two months for a $$1,100$ loss.