During the Current Year,Cathy Realizes Determine the Tax Consequences

Multiple Choice

During the current year,Cathy realizes Determine the tax consequences of these events.

A) Cathy deducts a $5,000 net capital loss.
B) Cathy deducts a $3,000 net capital loss.
C) Cathy deducts a $2,000 net capital loss.
D) Cathy deducts a $1,000 net capital loss.
E) Cathy deducts a $7,000 net capital loss.