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Gabrielle Has the Following Gains and Losses for the Current

Question 38

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Gabrielle has the following gains and losses for the current year: Gabrielle has the following gains and losses for the current year:   What is Gabrielle's net capital gain or loss position for the year? A) $7,000 net short-term capital loss. B) $3,000 net short-term capital gain. C) $5,000 net short-term capital loss. D) $3,000 net short-term capital gain. What is Gabrielle's net capital gain or loss position for the year?
A) $7,000 net short-term capital loss.
B) $3,000 net short-term capital gain.
C) $5,000 net short-term capital loss.
D) $3,000 net short-term capital gain.

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