Given Below Are Mario's Capital Gains and Losses for Two

Multiple Choice

Given below are Mario's capital gains and losses for two consecutive years.What is the effect of the capital gains and losses on Mario's taxable income for each year?
First Second
Year Year

A) $(9,000) $ 9,000
B) $ 3,000 $ 1,000
C) $(3,000) $ 3,000
D) $(3,000) $(3,000)
E) $(3,000) $ -0-