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Frederick Tims, a Single Individual, Sold the Following Investment Assets

question 100

Multiple Choice

Frederick Tims, a single individual, sold the following investment assets this year. Frederick Tims, a single individual, sold the following investment assets this year.   If Frederick's marginal tax rate on ordinary income is 33%, compute his tax attributable to the above sales. A)  $5,250 B)  $3,450 C)  $2,850 D)  $0 If Frederick's marginal tax rate on ordinary income is 33%, compute his tax attributable to the above sales.


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