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In the current year, George sold P stock, which he had held for 1 0 months, at a $ 2 , 0 0 0 loss.

In the current year, George sold P stock, which he had held for 10 months, at a $2,000 loss. He also sold city of Houston bonds, which he had held for 5 years, at a $4,000 gain. What is the net gain (loss) to be reported on his tax return as a result of these capital asset transactions?
$2,000
$4,000
$(2,000)
$0

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