Problem 4-3 What is a Capital Asset?, Holding Period, Calculation of Gain or Loss, Net Capital Losses (LO 4.1, 4.2, 4.3, 4.5)

Charu Khanna received a Form 1099-B showing the following stock transactions and basis during 2021:

Stock	Date Purchased	Date Sold	Sales Price	Cost Basis
4,000 shares Green Co.	06/04/10	08/05/21	$12,000	$3,000
500 shares Gold Co.	02/12/21	09/05/21	50,000	62,000
5,000 shares Blue Co.	02/04/11	10/08/21	16,000	22,000
100 shares Orange Co.	11/15/20	07/12/21	20,000	18,000

None of the stock is qualified small business stock. The stock basis was reported to the IRS.

Calculate Charu's net capital gain or loss using Schedule D and Form 8949.

Note: Enter all amounts as positive numbers except for "loss". If required, enter a "loss" as a negative number on the tax form. If an amount is zero, enter "0". If the answer is "Not applicable", select "NA" from the drop-down list.

Use a 2021 schedule d and form 8949