Morgan Has the Following Capital Gains and Losses for the Current

Morgan has the following capital gains and losses for the current tax year
?
$$\begin{array} { l r } \text { Short-term capital gains } & \$ 12,000 \\\text { Long-term capital gains } & 3,000 \\\text { Short-term capital losses } & ( 7,000 ) \\\text { Long-term capital losses } & ( 6,000 ) \end{array}$$
What is Morgan's net capital gain or loss position for the year?

A) $5,000 net short-term capital gain.
B) $2,000 net long-term capital loss.
C) $2,000 net short-term capital gain.
D) $3,000 net long-term capital loss.
E) $4,000 net short-term capital loss.