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Compute the capital gains for 2019

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3/1/18. Purchase 400 shares $15.00 per share

1/1/19. Sell 100 shares $20.00 per share

3/1/19. Purchase 100 shares $10.00 per share

9/1/19. Sell 100 shares $10.00 per share

Compute the capital gains for 2019?

A. Short term: $0; Long term: $0

B. Short term: $500 gain; Long term: $500 loss

C. Short term: $0; Long term: $500 gain

D. Short term: $500; Long term: $0

Reference no: EM132699269

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