Benjamin has the following capital gains and losses for the current year:
$\begin{array}{lr}
\text { Long-term capital loss } & \$(13,000) \
\text { Long-term capital gain } & 6,000 \
\text { Short-term capital loss } & (10,000) \
\text { Short-term capital gain } & 12,000
\end{array}$
What is Benjamin's net capital gain or loss for the year?
A)Net long-term capital loss of $7,000.
B)Net short-term capital gain of $2,000.
C)Net long-term capital loss of $5,000.
D)Net short-term capital gain of $1,000.
E)Net long-term capital loss of $3,000.

Question

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The Answer of Benjamin has the following capital gains and losses for the current year:
$\begin{array}{lr}
\text { Long-term capital loss } & \$(13,000) \
\text { Long-term capital gain } & 6,000 \
\text { Short-term capital loss } & (10,000) \
\text { Short-term capital gain } & 12,000
\end{array}$
What is Benjamin's net capital gain or loss for the year?
A)Net long-term capital loss of $7,000.
B)Net short-term capital gain of $2,000.
C)Net long-term capital loss of $5,000.
D)Net short-term capital gain of $1,000.
E)Net long-term capital loss of $3,000.

Benjamin Has the Following Capital Gains and Losses for the Current