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:
What is Benjamin's net capital gain or loss for the year?
$\begin{array}{lr}\text { Long-term capital loss } & \$(13,000) \\\text { Long-term capital gain } & 6,000 \\\text { Short-term capital loss } & (10,000) \\\text { Short-term capital gain } & 12,000\end{array}$

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.