Question 6 (3 points) For the current year, Sarah has salary of 50,000. In addition, she has the following capital transactions, Long-term capital gain (15%) Short-term capital gain Long-term capital loss (28%) Short-term capital loss 12,000 8,000 (4,000) (10,000) What is her taxable income for the year? She has a short-term capital loss carry-over of 5,000 from the previous year. The standard deduction amount for her is 12.000 37,000 39,000 49,000 59,000 None of the above Question 7 (3 points) During the year, Dan had the following capital gains and losses: Gains Losses Short-term 15,000 (27,000) Long-term (Collectible) 30,000 (20,000) Long-term capital gain 16,000 (10,000) 4,000 long-term capital gain taxed at 15% 12,000 short-term capital loss and 16,000 long-term capital gain taxed at 15% 4.000 long-term capital gain taxed at 28% 12,000 short-term capital loss and 16,000 long-term capital gain taxed at 28%