Albert owns 100 shares of Purple Inc. which he purchased on December 1 of last year for $10,000. The stock is not Sec. 1244 stock. On July 1 of the current year, Albert receives notice from the bankruptcy court that Purple Inc. has been liquidated, and there are no assets remaining for shareholders. As a result, Albert will have: (Tax Year 2018)

A) a short-term capital loss of $10,000.

B) a long-term capital loss of $10,000.

C) an ordinary loss of $10,000.

D) no loss allowed.