(1) Here are the full results of your stock trading (but you're an investor, not a trader) during calendar 2019: $25,000 aggregate short-term gain $35,000 aggregate short-term loss $75,000 aggregate long-term gain $40,000 aggregate long-term loss On these facts, what is your net capital gain or loss for 2019 based on the text-book's Chapter 11 description of the capital gain-and-loss netting procedure