On November 5,2020 , Cloud received 50 shares of ABC Corporation from his uncle with an adjusted basis of \\( \\$ 25,000 \\) and a fair market value of \\( \\$ 29,000 \\) as of the date of the gift. His uncle bought ABC stock on July 7, 2020. On April 17, 2021, the stock became worthless. How would Cloud treat the worthless stock in 2021 ? \\( \\$ 25,000 \\) short-term capital loss \\( \\$ 29,000 \\) short-term capital loss \\( \\$ 25,000 \\) long-term capital loss \\( \\$ 29,000 \\) long-term capital loss