please show all work in excel! I am confused as to where I went wrong and how the answer is $960.

Question 20 Michelle and Patrick filed joint tax return. They earned combined wages of $410,000 in 2020. They did not have other source of income. They bought 100 shares of DIN stock at $45 per share and sold them 4 years later in 2020 at $12 per share? By how much did their loss reduce their taxes in the year when they sold the stock? That was was the only capital transaction they had in 2020. a. $960 b. $0 X c. $3,300 d. $720 2020 Brackets: Single Income (NOI) Tax Rate Married Filing Jointly (NOI) 10% 12% 22% 24% 32% 35% 37% SO $9,876 S40,126 $85,526 S163,301 $207,351 $518,401 + 59,875 S40,125 585,525 $163,300 S207,350 $518,400 SO $19,751 $80,251 $171,051 S326,601 $414,701 $622,051 + $19,750 $80,250 $171,050 S326,600 S414,700 $622,050 Long Term Capital Gains and Dividend Tax Rates for 2020: 0% 15% 20% Range Single Up To $40,400 S1,976 S445,850 Over $445,850 Married Filing Jointly Up To $80,800 S7,261 501,600 Over $501,600 Max Capital Gains Used to Offset NOI $3,000