Alan bought shares in Coca-Cola for $10,000 on November 15, 2020. On November 1, 2021, he sold the shares for $5,000. He has no other gains or losses in 2021. What does Alan report on his tax return?

a.$5,000 long-term loss

b.$3,000 ordinary loss and $2,000 short-term loss carry-forward

c.$5,000 short-term loss

d.$3,000 ordinary loss and $2,000 long-term loss carry-forward