Carol, a regional manager for a large hotel chain, loaned her nephew, Bobby, $4,000 to pursue his career as a comedian. Carol has looked after Bobby since his mother passed away two years ago. Therefore, she required no collateral for the loan, no formal loan agreement was written or signed, she did not require Bobby to pay any interest, and no date for repayment was agreed upon. During the year, Bobby had to file Chapter 7 bankruptcy. At that time, Bobby had not repaid any of the loan. What is the amount and character (if any) of Carol's tax deduction for the year? $0.00; This is a gift $3,000; short-term capital loss $4,000; short-term capital loss $4,000; ordinary loss