Jack, an individual calendar-year taxpayer engaged in the following transactions:

• Purchased 100 shares of Core Co. common stock for $15,000 on December 15, Year 1
• Purchased an additional 100 shares of Core Co. common stock for $13,000 on December 30, Year 1
• On January 3, Year 2, sold for $10,000 the 100 shares purchased on December 15th

Based on these transactions, what amount of loss from the sale of Core's stock is deductible on Jack's Year 1 and Year 2 income tax returns?

		Year 1 $0; Year 2 $3,000
		Year 1 $0; Year 2 $5,000
		Year 1 $0; Year 2 $2,000
		Year 1 $0; Year 2 $0