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Angelica Has the Following Capital Gains and Losses During the Current

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Angelica has the following capital gains and losses during the current year:
 Short-term capital loss $(10,000) Collectibles loss (4,000) Long-term capital gain 5,000 Qualified dividend income 10,000\begin{array}{lc}\text { Short-term capital loss } & \$(10,000) \\\text { Collectibles loss } & (4,000) \\\text { Long-term capital gain } & 5,000 \\\text { Qualified dividend income } & 10,000\end{array}
If Angelica's marginal tax rate is 33%,what is the effect of the above transactions on her taxable income and income tax liability?
 Income  Tax Liability a.$1,000 increase $510 increase b.$7,000 increase $510 increase c.$1,000 increase $1,050 increase d.$7,000 increase $1,050 increase e.$1,000 increase $150 increase \begin{array}{cc}&\text { Income } & \text { Tax Liability } \\a.&\$ 1,000 \text { increase } & \$ 510 \text { increase } \\b.&\$ 7,000 \text { increase } & \$ 510 \text { increase } \\c.&\$ 1,000 \text { increase } & \$ 1,050 \text { increase } \\d.&\$ 7,000 \text { increase } & \$ 1,050 \text { increase } \\e.&\$ 1,000 \text { increase } & \$ 150 \text { increase }\end{array}

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