Ophelia had the following capital transactions for the year:

Acquired	Item	Sold	Selling Price	Cost
9/13/96	Stock	7/13/15	$4,000	$4,500
6/20/1991	Stock	9/30/15	$5,000	$2,000
7/1/2015	Stock	9/30/15	$1,000	$1,100

In addition, Ophelia has a long-term capital loss carryover from 2014 of $1,800. What is Ophelias 2015 net capital gain? (I believe the answer is D becasue you have 2,500 of Long term capital Gain - 1,800 of Long term capital loss = 700 - 100 short term capital loss = 600. PLEASE EXPLAIN IN WORDS!!!!)

A. $2,400

B. $800

C. $700

D. $600

E. None of the above