Kendrick,whose Tax Rate Is 32%,had the Following Results from Transactions

Multiple Choice

Kendrick,whose tax rate is 32%,had the following results from transactions during the year: $$\begin{array} { | l | r | } \hline \text { Collectibles gain } & \$ 20,000 \\\hline \text { Short-term capital loss } & 4,000 \\\hline \text { Long-term capital gain } & 8,000 \\\hline\end{array}$$ After offsetting the STCL,what is (are) the resulting gain(s) ?

A) $16,000 collectibles gain,$8,000 LTCG
B) $20,000 collectibles gain,$4,000 LTCG
C) $24,000 LTCG
D) $20,000 collectibles gain,$8,000 LTCG