Tom Johnson,whose marginal tax rate on ordinary income is 22%,sold four investment assets resulting in the following capital gains and losses. How much of Tom's net capital gain is taxed at 15%?

Question

Tom Johnson,whose marginal tax rate on ordinary income is 22%,sold four investment assets resulting in the following capital gains and losses.  How much of Tom's net capital gain is taxed at 15%?

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The Answer of Tom Johnson,whose marginal tax rate on ordinary income is 22%,sold four investment assets resulting in the following capital gains and losses.  How much of Tom's net capital gain is taxed at 15%?

Tom Johnson,whose Marginal Tax Rate on Ordinary Income Is 22%,sold