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Scott Bean Is a Computer Programmer and Incurred the Following

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Scott Bean is a computer programmer and incurred the following transactions last year.  Sales  Price  Basis  Purchased  Sold  Provo City Bonds* $10,000$5,00011/1/20105/2/2014 Cisco Preferred Stock 25,0006,0007/15/20051/12/2014 Dreyer’s Grand Ice Cream Stock 14,00010,0007/1/20134/20/2014 Novell Common 2,00010,0002/12/201111/29/2014 IBM Stock 4,0003,0008/2/20025/2/2014 ABC Common 6,0009,0005/30/201210/20/2014 Prior year ST Capital Loss Carryforward 5,500 Prior year LT Capital Loss Carryforward 5,000 Purchased when originally issued by Provo  City \begin{array} { | l | r | r | r | r | } \hline & { \begin{array} { c } \text { Sales } \\\text { Price }\end{array} } & { \text { Basis } } & \text { Purchased } & { \text { Sold } } \\\hline \text { Provo City Bonds* } & \$ 10,000 & \$ 5,000 & 11 / 1 / 2010 & 5 / 2 / 2014 \\\hline \text { Cisco Preferred Stock } & 25,000 & 6,000 & 7 / 15 / 2005 & 1 / 12 / 2014 \\\hline \text { Dreyer's Grand Ice Cream Stock } & 14,000 & 10,000 & 7 / 1 / 2013 & 4 / 20 / 2014 \\\hline \text { Novell Common } & 2,000 & 10,000 & 2 / 12 / 2011 & 11 / 29 / 2014 \\\hline \text { IBM Stock } & 4,000 & 3,000 & 8 / 2 / 2002 & 5 / 2 / 2014 \\\hline \text { ABC Common } & 6,000 & 9,000 & 5 / 30 / 2012 & 10 / 20 / 2014 \\\hline & & & & \\\hline \text { Prior year ST Capital Loss Carryforward } & 5,500 & & & \\\hline \text { Prior year LT Capital Loss Carryforward } & 5,000 & & & \\\hline & & & & \\\hline { } ^ { * } \text { Purchased when originally issued by Provo } & & & & \\\text { City } & & & & \\\hline\end{array} What is the Net Short-Term Capital Gain/Loss reported on the 2014 Schedule D? What is the Net Long-Term Capital Gain/Loss reported on the 2014 Schedule D? What amount of capital gain is subject to the preferential capital gains rate?

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$1,500 net short-term capital loss is re...

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