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On May 9, 2021, Calvin acquired 250 shares of stock in Aero Corporation, a new startup company, for $68,750. Calvin acquired the stock directly from

On May 9, 2021, Calvin acquired 250 shares of stock in Aero Corporation, a new startup company, for $68,750. Calvin acquired the stock directly from Aero, and it is classified as small business stock since at the time Calvin acquired his stock, the corporation had $900,000 of paid-in capital. On January 15, 2023, Calvin sold all of his Aero stock for $7,000. Assume that Calvin is single.

If an amount is zero, enter "0".

As a result of the sale, Calvin has:

Ordinary loss: $
Short-term capital loss: $
Long-term capital loss: $

** Please explain and show work

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