QUESTION 16 1. On February 12, 2017, Jon purchased stock in Pik Corporation (the stock is not small business stock) for $2,000. On May 12, 2018, the stock became worthless. During 2018, John also had an $9,000 loss on $ 1244 small business stock purchased two years ago, a $10,000 loss on a nonbusiness bad debt, and a $6,000 long-term capital gain. How should Jon treat these items on his 2018 tax return? PLEASE SHOW ALL CALCULATIONS A. $4,000 long-term capital loss and $9,000 shorf-term capital loss. B. $4,000 long-term capital loss and $3,000 short-term capital loss. C. $9,000 ordinary loss and $5,000 short-term capital loss. D.$9,000 ordinary loss and $3,000 short-term capital loss. E. None of the above