William Has the Following Capital Gains and Losses for the Current

William has the following capital gains and losses for the current year: What is William's net capital gain or loss position for the year?

A) Short-term capital gain $7,000; Long-term capital gain $5,000.
B) Short-term capital gain $10,000; Long-term capital gain $2,000.
C) Short-term capital gain $7,000; Long-term capital gain $2,000.
D) Short-term capital gain $10,000; Long-term capital gain $5,000