QUESTION 2 Scott Bean is a computer programmer and incurred the following transactions last year. Basis Purchased $5,000 11/1/2015 Sold 5/2/2019 Provo City Bonds Cisco Preferred Stock Dreyer's Grand Ice Cream Stock Sales Price 10,00 $ 0 25,00 0 14,00 0 2,000 4,000 6,000 5,500 5,000 0 6,000 7/15/2010 10,00 7/1/2018 0 2 /12/2016 3,000 8/2/2007 9,000 5/30/2017 1/12/2019 4/20/2019 11/29/2019 5/2/2019 10/20/2019 Novell Common IBM Stock ABC Common Prior-Year ST Capital Loss Carryforward Prior year LT Capital Loss Carryforward *Purchased when originally issued by Provo City. What is the net short-term capital gain/loss reported on the 2019 Schedule D? What is the net long- term capital gain/loss reported on the 2019 Schedule D? What amount of capital gain is subject to the preferential capital gains rate