As a result of these sales, Benlow should recognize: $14,400 gain treated as capital gain.
Using this formula
Capital gain= Second sale amount generated- First sale amount generated
Let plug in the formula
Gain/loss= $33,600- $19,200
Gain/loss=$14,400 capital gain
Therefore as a result of these sales, Benlow should recognize: $14,400 gain treated as capital gain.
Learn more about capital gain here:https://brainly.com/question/1259480
#SPJ1