A customer is short 100 shares of XYZ stock at $70 per share. The customer covers the position at $75. 20 days later, the customer reestablishes the short position by selling short 100 shares of XYZ at $73. The tax consequence of these transactions is:

A $200 capital loss; and sale proceeds on the reestablished position of $68 per share

B $500 capital loss; and sale proceeds on the reestablished position of $73 per share

C No capital loss due to the "wash sale rule"; and sale proceeds on the reestablished position of $68 per share

D No capital loss due to the "wash sale rule"; and sale proceeds on the reestablished position of $73 per share