on May 9, 2018, Calvin acquired 1,000 shares of stock in Hobbes Corporation, a new startup company, for $116,250. Calvin acquired the stock directly from Hobbes, and it is dassified as $ 1244 stock (at the time Calvin acquired his stock, the corporation had $900,000 of paid- in capital). On January 15, 2020, Calvin sold all of his Hobbes stock for $11,625. Assume that Calvin is single. issuming that Calvin is single, determine his tax consequences as a result of this sale. hot an amount is zero, enter "o". is a result of the sale, Calvin has: Ordinary loss: Short-term capital loss: DOO Long-term capital loss