This year, Marshall sold several securities that left him with the following types of gains and losses:
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Question:
This year, Marshall sold several securities that left him with the following types of gains and losses:
- Long-term capital gain: $4,000
- Short-term capital gain: $900
- Long-term capital loss: $1,100
- Short-term capital loss: $500
What is the net capital gain or loss on Marshall's security sales?
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