Question: Exercise 1 6 - 1 7 ( Algorithmic ) ( LO . 5 ) Coline has the following capital gain and loss transactions for 2

Exercise 16-17(Algorithmic)(LO.5)
Coline has the following capital gain and loss transactions for 2023:
a.Short-term capital gain$14,500b.Short-term capital loss(6,090)c.Long-term capital gain (28%)17,400d.Long-term capital gain (15%)5,800e.Long-term capital loss (28%)(30,450)
After the capital gain and loss netting process, what is the amount and character of Coline's gain or loss?

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