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On June 21, 2018 (Year 1). Robbie purchased 100 shares of AT&Ts Company common stock for $4,500. Robbie sold the 100 shares of AT&Ts stock

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On June 21, 2018 (Year 1). Robbie purchased 100 shares of AT&Ts Company common stock for $4,500. Robbie sold the 100 shares of AT&Ts stock on May 18, 2020 (Year 3), for $4,250. On June 3, 2020 (Year 3), Robbie repurchased 100 shares of AT&Ts stock for $3,000 and subsequently sold them on July 31, 2020 (Year 3), for $3,500. How should Robbie report the above transactions for 2020 (Year 3)? 5750 short-term capital gain $500 short-term capital gain. $250 long-term capital gain. 5250 short-term capital gain

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