Hamlet,a Calendar Year Taxpayer,owns 1,000 Shares of Vanity Corporation Common

Multiple Choice

Hamlet,a calendar year taxpayer,owns 1,000 shares of Vanity Corporation common stock,which he purchased two years ago for $4,000.Hamlet sells all of his shares on December 29,2016,for $2,500.On January 23,2017,he purchases 600 shares of Vanity Corporation common stock.What is the amount of Hamlet's recognized loss in 2016?

A) $- 0 -
B) $600
C) $900
D) $1,500
E) $4,000