Marcus has the following capital gains and losses during the current year:

25% Long-term capital loss$(9,000)

Regular (0/15/20%) Long-term capital loss(3,000)

Regular (0/15/20%) Long-term capital gain2,000

28% Collectibles gain1,000

Short-term capital loss(2,000)

Short-term capital gain4,000

After netting, what effect will Marcus's capital gains and losses have on his AGI this year?

Increase it by $9,000

None of these

Reduce it by $3,000

Reduce it by $5,000

They will not affect his AGI