On December 18,2019, Nick purchased 2 Bitcoins for $13,294. Less than 2 weeks later, on December 30,2019, he sold the Bitcoins for $14840. How will Nick report this transaction on his tax return? 1. $1546 foreign currency under Section 988 Internal Revenue Code. 2. $1546 reported as other income on schedule 1. Additional income and adjustments to income. 3. $1546 short-term capital gain. 4. the gain on the sale is no taxable or reportable