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Question 23 (1 point) Walter sold a number of assets during the year. One sale generated a Section 1231 loss of $5,000, another a long-term capital gain of $5,000, and another a short-term capital loss of $4,000. What is Walter's final position that will be reported on his tax return as a result of these sales? a net short-term capital loss of $3,000 O a long-term capital gain of $1,000 and an ordinary loss of $5,000 a net short-term capital loss of $4,000 a net ordinary loss of $4,000 Question 24 (1 point) Julia has a champion breeding horse that she sells in the current year for $40,000 after owning the horse for 3 years and depreciating $11,000 of its original cost of SADO