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Ms . Crocker bought 1 , 0 0 0 shares of EMO Corporation stock for $ 1 0 , 0 0 0 on January 2

Ms. Crocker bought 1,000 shares of EMO Corporation stock for $10,000 on January 20,2020. On December 28,2022 she sold all 1,000 shares of her EMO stock for $9,000. Based on a hot tip from her friend, she bought 1,000 shares of EMO stock on January 15,2023 for $7,000. What is Ms. Crocker's recognized loss on her 2022 sale and what is her basis in her 1,000 shares purchased in 2023?
Multiple Choice
$0 LTCL and $7,000 basis
$0 LTCL and $8,000 basis
$1,000 LTCL and $7,000 basis
$1,000 LTCL and $8,000 basis
None of the choices are correct.

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