Jan purchased 100 shares of Novell stock for $12 a share on September 10, 2015. On August 29, 2016, the price had fallen to $9. Concerned that the price might decline further, Jan sold all her shares that day. On September 26, 2016, she re-purchased the stock when it was $11 a share. What is Jan's 2016 capital gain or loss on these transactions?

A- $0

B- $100 short-term loss.

C- $300 long-term loss.

D- $300 short-term loss.A