1. On February 20 , 2019, Bill purchased stock in Pink Corporation (the stock is not small business stock) for $1,000. On May 1, 2020, the stock became worthless. During 2020, Bill also had an $8,000 loss on 1244 small business stock purchased two years ago, a $9,000 loss on a nonbusiness bad debt, and a $5,000 long-term capital gain. How should Bill treat these items on his 2020 tax return?

	a.	$8,000 ordinary loss and $3,000 short-term capital loss.
	b.	$8,000 ordinary loss and $5,000 short-term capital loss.
	c.	$4,000 long-term capital loss and $9,000 short-term capital loss.
	d.	$4,000 long-term capital loss and $3,000 short-term capital loss.

I choose B, but it was wrong. I would like to know what is the correct answer, please.