Kendrick,whose Tax Rate Is 32%,had the Following Results from Transactions

question 24

Multiple Choice

Kendrick,whose tax rate is 32%,had the following results from transactions during the year: $$\begin{array} { | l | r | } \hline \text { Collectibles gain } & \$ 20,000 \\\hline \text { Short-term capital loss } & 4,000 \\\hline \text { Long-term capital gain } & 8,000 \\\hline\end{array}$$ After offsetting the STCL,what is (are) the resulting gain(s) ?

• A)$16,000 collectibles gain,$8,000 LTCG
• B)$20,000 collectibles gain,$4,000 LTCG
• C)$24,000 LTCG
• D)$20,000 collectibles gain,$8,000 LTCG

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Definitions:

Pharmacists

Healthcare professionals who are trained to dispense medications, counsel patients on medication use, and monitor drug therapy outcomes.

Physical Therapists

Health care professionals who specialize in the rehabilitation and physical improvement of patients through exercises and other treatments for pain and mobility issues.

Dentists

Healthcare professionals specializing in the diagnosis, prevention, and treatment of diseases and conditions of the oral cavity.

Pharmacists

Healthcare professionals who are experts in medicines, responsible for the preparation, dispensing, and appropriate use of medication.