Nate Sold Two Securities in 2019 Nate Has a 24% Marginal Tax Rate

question 82

Multiple Choice

Nate sold two securities in 2019: $$\begin{array} { | l | c | c | r | r | } \hline & \text { Purchased } & { \text { Sold } } & \text { Sales Price } &{ \text { Basis } } \\\hline \text { MASH } & 1 - 1 - 2018 & 5 - 10 - 2019 & \$ 12,000 & \$ 10,000 \\\hline \text { KMZ } & 12 - 2 - 2018 & 9 - 22 - 2019 & \$ 4,000 & \$ 5,000 \\\hline\end{array}$$ Nate has a 24% marginal tax rate.What is the additional tax resulting from the above sales?

• A)$150
• B)$240
• C)$60
• D)$300

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Explore the relationship between depression and social interactions.

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Definitions:

Prostaglandin

A group of physiologically active lipid compounds having diverse hormone-like effects in animals, such as regulating inflammation, blood flow, and the formation of blood clots.

Oxytocin

A hormone and neuropeptide that plays a significant role in social bonding, sexual reproduction, childbirth, and the period after childbirth.

Hormone

Chemical messengers produced by glands that regulate bodily functions by traveling through the bloodstream.

Ectodermal Cells

Cells originating from the outermost layer of the embryo, which give rise to the epidermis, nervous system, and some sensory organs.