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In 2021 Lena sold 425 shares of Basketball Heaven Mutual Fund for $18,000. The purchases of Basketball Heaven stock were made in the following years:

In 2021 Lena sold 425 shares of Basketball Heaven Mutual Fund for $18,000. The purchases of Basketball Heaven stock were made in the following years: 2015 275 shares @ $50 per share 2016 125 shares @ $48 per share 2018 100 shares @ $55 per share Assuming Lena uses the single category average cost method, Lena will realize: 


$1,750.00 long-term loss. 


$2,200.00 long-term loss. 


$3,125.00 long-term loss. 


$3,462.50 long-term loss

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