During the year, Sheree had the following transactions involving capital assets. Gain on the sale of unimproved land (held as an investment for 5 years)Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦………………………………………………………Ac€¦Ac€¦Ac€¦..$5,000 Loss on the sale of a camper (purchased 3 yrs ago and used for family vacations)Ac€¦………………………………………………………Ac€¦Ac€¦..(15,000) Loss on the sale of Pfizer stock (purchased 9 mos ago as an investment)Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦………………………………………………….Ac€¦Ac€¦Ac€¦..(2,000) Gain on the sale of a fishing boat and trailer (acquired 11 mos ago @ an auction & used for recreational purposes)Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦Ac€¦5,000 Select ONE of the following to discuss. a. If Sheree is in the 33% bracket, how much income tax results? b. If Sheree is in the 15% bracket, how much income tax results? Show your work
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