Ms Fresh Bought 1,000 Shares of Ibis Corporation Stock for $5,000

Ms. Fresh bought 1,000 shares of Ibis Corporation stock for $5,000 on January 15, 2014. On December 31, 2016 she sold all 1,000 shares of her Ibis stock for $4,500. Based on a hot tip from her friend, she bought 1,000 shares of Ibis stock on January 23, 2017 for $3,000. What is Ms. Fresh's recognized loss on her 2016 sale and what is her basis in her 1,000 shares purchased in 2017?

A) $-0- LTCL and $3,500 basis
B) $200 LTCL and $3,300 basis
C) $300 LTCL and $3,200 basis
D) $400 LTCL and $3,100 basis
E) $500 LTCL and $3,000 basis