a janitor works at a company. The janitor lent their company $10,000 but was unable to collect it because the company went bankrupt a year after the loan was made. Janitor did not own any stock in the company, and the loan was not a condition of employment. How should the janitor report this loss?

CHOICES

A Long term Capital Loss

B Short term Capital Loss

C Business Bad Debt

D Nondeductible Loss