During 2019, Troy has the following capital transactions: $6000 LTCG $2000 long-term collectible gain $4000...

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Accounting

During 2019, Troy has the following capital transactions:

$6000 LTCG $2000 long-term collectible gain $4000 STCG $10,000 STCL

After netting process:

1. LTCG of $2,000 2. Long-term collectible gain of $2,000 3. LTCG of $6,000, Long-term collectible gain of $2,000, and a STCL of $6,000. 4. LTCG of $6,000, Long-term collectible gain of $2,000, and a STCL carryover to 2019 of $3,000. 5. None of these

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