During 2018, Wyatt Corporation (a calendar year taxpayer) had an excess Long-Term Capital Loss of $20,000 which it could not carry back to prior tax years. For 2019, Wyatt Corporation had a Long-Term Capital Gain of $50,000 and a Short-Term Capital Gain of $15,000. As a result of these transactions, for 2019, Wyatt Corporation has a net:

1. Short-Term Capital Gain of $15,000
2. Long-Term Capital Gain of $45,000
3. Short-Term Capital Gain of $45,000
4. Long-Term Capital Gain of $50,000