Required information [The following information applies to the questions displayed below.] Grayson (single) is in the 24 percent tax rate bracket and has sold the following stocks in 2021: (Loss amounts should be indicated by a minus sign.) Description Date Purchased Stock A 1/23/1997 Basis $ 7,850 Date Sold Amount Realized 7/22/2021 $ 4,980 Stock B 4/10/2021 15,200 9/13/2021 18,970 Stock C 8/23/2019 12,250 10/12/2021 17,340 Stock D 5/19/2011 5,710 10/12/2021 13,300 Stock E 8/20/2021 7,720 11/14/2021 3,800 a. What is Grayson's net short-term capital gain or loss from these transactions? Net short-term capital gain or loss