Question 1 of 10.

Nuno purchased five crypto coins for $1,000 in October of 2020. He sold two of the coins for $375 in May of 2021. He later sold the remaining three coins for $720 in September of 2021. What is his net gain or loss on the coins?

$25 short-term loss.

$95 short-term gain.

$120 short-term gain.

$145 short-term gain.