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During the year, Jennifer had the following gains and losses from property sales:
$3,000 long term capital gains
$2,000 of losses on the sale of business property (Section 1231 property)
$1,000 ordinary loss
$2,000 short term capital loss
How much of her income benefits from the lower capital gain rates?
$2,000
$0
$1,000
$3,000
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