Charlotte purchased 600 shares of ABC stock for $13,190 on February 26, 2010. There were no subsequent distributions or events that affected her basis. Charlotte sold 500 shares of the stock for $11,670 on October 27, 2022; she continues to hold the remaining 100 shares. How should the sale of the stock be reported on Charlotte's tax return?

A. $678 long-term capital loss for which basis was reported to the IRS.

B. $678 long-term capital gain for which basis was not reported to the IRS.

C. $1,520 long-term capital loss for which basis was reported to the IRS.

D. $1,520 long-term capital gain for which basis was not reported to the IRS.

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