What is the amount and character of wendy gain or loss


Question: Wendy has the following capital gain and loss transactions for 2023. Short-term capital gain $1,000 Short-term capital loss (4,000) Long-term capital gain (28%) 6,000 Long-term capital gain (15%) 8,000 Long-term capital loss (28%) (9,500) After the capital gain and loss netting process, what is the amount and character of Wendy's gain or loss? Group of answer choices LT capital gain $1,500 ST capital gain $3,000 ST capital loss $400 LT capital loss $1,500 ST capital gain $1,500

 

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Accounting Basics: What is the amount and character of wendy gain or loss
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