Diana sold mutual fund shares, which she had owned for 4 years, so that she could use the proceeds to travel across Europe with her son. Diana is in the 35% marginal tax bracket and her capital gains from this sale were $30,000. How much tax would Diana owe on those gains?
A) $10,500
B) $8,400
C) $6,000
D) $4,500
E) $1,500
D
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