Solve the below problem:
Q: In 2010 Rosalva sold stock considered short-term for a gain of $875.00 and stock considered long-term for a loss of $3400.00. She also had a $3000.00 short-term carryover from 2009 and a $1240.00 long-term loss carryover from 2009.
a) What amount will be shown as a short-term gain (loss) for 2010?
b) What amount will be shown as a long-term gain (loss) for 2010?
c) Will there be a carryover for 2011? If so, what are the nature and amount of the carry over?
d) Prepare Schedule D (Detailed stock information has been omitted: use reasonable assumptions.)