[Solved] During the year Wilbur has the following capital gains and losses: \(\begin{array}{lr} \text { Short-term capital gains } & \$ 4,500 \\ \text { Short-term capital losses } & (6,000) \\ \text { Long-term capital gains } & 4,200 \\ \text { Long-term capital losses } & (7,500) \end{array}\) What is the effect of the capital gains and losses on Wilbur's taxable income? Isopropyl Alcohol: A colorless, flammable chemical compound with a strong odor, commonly used as a disinfectant, solvent, and antiseptic. Specimen Slide: A thin slice of material, such as tissue, mounted on a slide for examination under a microscope. Microscope: An instrument used to view objects that are too small to be seen by the naked eye, magnifying tiny details for study or observation. Substage: A division or phase within a larger stage or process, often indicating a specific part of a broader developmental or operational sequence.