Homework Answers
Net STCG = 10,700 - 4,494 = 6206 STCG
Net LTCL = 12,840 + 4,280 - 22470 = 5350 LTCL
After netting
= 6206 STCG - 5350 LTCL
= 856 STCG
= Net short tem capital gain of 856
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