Benjamin Has the Following Capital Gains and Losses for the Current

Multiple Choice

Benjamin has the following capital gains and losses for the current year:
$\begin{array}{llcc} \text {Long-term capital loss}&\$(13,000) \\ \text {Long-term capital gain}& 6,000\\ \text {Short-term capital loss}& (10,000) \\ \text {Short-term capital gain}&12,000 \\\end{array}$

What is Benjamin's net capital gain or loss for the year?

A) Net long-term capital loss of $7,000.
B) Net short-term capital gain of $2,000.
C) Net long-term capital loss of $5,000.
D) Net short-term capital gain of $1,000.
E) Net long-term capital loss of $3,000.