5. LO.4 Elliott has the following capital gain and loss transactions for 2021.

Short-term capital gain $ 1,500 Short-term capital loss (3,600)

Long-term capital gain (28%) 12,000 Long-term capital gain (25%) 4,800 Long-term capital gain (15%) 6,000 Long-term capital loss (28%) (4,500)

Long-term capital loss (15%) (9,000)

After the capital gain and loss netting process, what is the amount and character of Elliott’s gain or loss?