If a stock was purchased for $3000 in January 2003 and is sold in June 2003 for $4000,what is the taxable result?
A)Capital gain of $1000 and taxable income of $500
B)Business income of $1000 and taxable amount of $1000
C)Capital gain of $1000 and taxable income of $1000
D)Taxable capital gain of $1000

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The Answer of If a stock was purchased for $3000 in January 2003 and is sold in June 2003 for $4000,what is the taxable result?
A)Capital gain of $1000 and taxable income of $500
B)Business income of $1000 and taxable amount of $1000
C)Capital gain of $1000 and taxable income of $1000
D)Taxable capital gain of $1000

If a Stock Was Purchased for $3000 in January 2003