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During the current year, Erin experienced the following capital gains (losses) from the sale of her investments: $1,300 LTCG, $25,700 STCG, ($8,300) LTCL, and ($14,300)

During the current year, Erin experienced the following capital gains (losses) from the sale of her investments: $1,300 LTCG, $25,700 STCG, ($8,300) LTCL, and ($14,300) STCL. What is the amount and nature of Erin's capital gains and losses?

$4,400 net short-term capital gain.

$4,400 net long-term capital loss.

$4,700 net short-term capital gain.

$4,700 net long-term capital loss.

None of the choices are correct.

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