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During 2014,Trevor Has the Following Capital Transactions After the Netting Process,the Following Results:
A)Long-Term Collectible Gain of

Question 120

Multiple Choice

During 2014,Trevor has the following capital transactions: LTCG $6,000 Long-term collectible gain2,000 STCG 4,000STCL 10,000\begin{array} { l } \text {LTCG }&\$6,000\\ \text { Long-term collectible gain}&2,000\\ \text { STCG }&4,000\\ \text {STCL }&10,000\\\end{array}
After the netting process,the following results:


A) Long-term collectible gain of $2,000.
B) LTCG of $6,000,Long-term collectible gain of $2,000,and a STCL of $6,000.
C) LTCG of $6,000,Long-term collectible gain of $2,000,and a STCL carryover to 2015 of $3,000.
D) LTCG of $2,000.
E) None of these.

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