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

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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