Scott Bean is a computer programmer and incurred the following transactions in 2016

	Sales Price	Basis	Purchased	Sold
Provo City Bonds	$10,000	$5,000	11/01/12	05/13/16
Cisco Stock	25,000	6,000	07/17/07	01/12/16
Dreyer's Stock	14,000	10,000	07/01/15	04/20/16
Novell Stock	2,000	10,000	02/12/13	11/29/16
IBM	4,000	3,000	08/02/14	05/02/16
ABC	6,000	9,000	05/30/14	10/20/16
Prior year short-term capital loss carried forward	5,500
Prior year long-term capital loss carried forward	5,500

In 2016, his colleague Dan Hampton filed bankruptcy. Scotts lent Dan $3,000 and become worthless. Answer the following questions:

1. what is the net short-term capital gain/loss on the 2016 Schedule D

2. what is the net long-term capital gain/loss on the 2016 Schedule D

3. What is the net capital gain/loss reported on line 13 of From 1040

4. What amount of capital gain is subject to the preferential capital gain rate?