Stan sells a piece of land he used in his auto repair business at a gain of $9,000 in 2022. In addition, Stan sells equipment he purchased in 2012 for $8000. He paid $20,000 for the equipment that had an adjusted basis of $12,000 when it was sold. He also sells some stock in 2022 at a long-term loss of $11,000. No losses on the disposition of section 1231 assets were recognized in prior years. The effect of these transactions on Stan's 2022 taxable income is:

A. Decrease of $6,000

B. Decrease of $3,000

C. Increase of $6,000

D. Zero, with a long-term capital loss carry back of $2,000

E. Zero, with a long-term capital loss carry back of $6,000

12. Stan sells a piece of land he used in his auto repair business at a gain of $9,000 in 2022 . In addition, Stan sells equipment he purchased in 2012 for $8000. He paid $20,000 for the equipment that had an adjusted basis of $12,000 when it was sold. He also sells some stock in 2022 at a long-term loss of $11,000. No losses on the disposition of section 1231 assets were recognized in prior years. The effect of these transactions on Stan's 2022 taxable income is: A. Decrease of $6,000 B. Decrease of $3,000 C. Increase of $6,000 D. Zero, with a long-term capital loss carry back of $2,000 E. Zero, with a long -term capital loss carry back of $6,000