Alan has the following capital gains and losses during the current year: Short$-$term capital loss $$(4,000)$ Collectibles gain $3,000$ Long$-$term capital gain $8,000$ Alan's capital gain$/$loss position for the year is: $$

A

Short$-$term capital loss $$4,000$

B

Net long$-$term capital gain $$7,000$

C

short$-$term capital loss $$1,000$

D

Long$-$term gain $$8,000$

E

long$-$term capital gain $$11,000$