Perry Is in the 33% Tax Bracket Perry's Tax Consequences from These Gains Are as Follows:
A)(15

Perry is in the 33% tax bracket.During 2017, he had the following capital asset transactions: $\begin{array}{lr}\text { Gain from the sale of a stamp collection (held for 10 years) } & \$ 30,000 \\\text { Gain from the sale of an investment in land (held for 4 years) } & 10,000 \\\text { Gain from the sale of stock investment (held for 8 months) } & 4,000\end{array}$ Perry's tax consequences from these gains are as follows:

A) (15% × $30,000) + (33% × $4,000) .
B) (15% × $10,000) + (28% × $30,000) + (33% × $4,000) .
C) (0% × $10,000) + (28% × $30,000) + (33% × $4,000) .
D) (15% × $40,000) + (33% × $4,000) .
E) None of these.