Andy has ten shares of stock that he bought on April 1, Year 1, for $9 each. On April 1, Year 2, he sells all of the shares for $250. What is the income tax consequence of the sale?

Select one:

a. $160 long-term capital gain.

b. $160 short-term capital gain.

c. $241 long-term capital gain.

d. $241 short-term capital gain.