What is the final net capital gain


Problem: Gabriel has the following capital gains and losses (along with their applicable tax rate) for the current year: $3,000 short-term loss (37%) $6,000 long-term gain (28%) $5,000 long-term gain (25%) $3,000 long-term loss (20%) After netting, what is the final net capital gain (loss) result and what is (are) the applicable tax rate(s)? Group of answer choices ($3,000) at 37%, 3,000 at 28%, and $5,000 at 25% $6,000 at 28% and ($1,000) at 25% $3,000 at 28% and $2,000 at 25% $5,000 at 25% ($3,000) at 37%, $6,000 at 28%, and $2,000 at 25%

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Accounting Basics: What is the final net capital gain
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