In 2017. ABC Corporation had a $4,000 net long-term capital loss which it could net carry back. For 2018, it had the following capital transactions.

Long term capital gain$2,000

Short term capital gain$3,000

As a result of these transactions, for 2018 ABC has a:

a.Net short-term capital gain of $1,000

b.Net short-term capital gain of $3,000

c.Net long-term capital gain of $1,000

d.Carryover to 2015 of $2,000 long-term capital loss.

e.None of these