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How should computers express report its loss on the sale

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Question - Computers Express, Inc. sold 100 shares of ABC stock with an adjusted basis of $4000 for $7000. It also sold 200 shares of XYZ stock with an adjusted basis of $10000 for $4000. Four years earlier it had a net capital gain of $5000. Three years earlier it had a net capital gain of $1000. It had no net capital gain for either of the previous two years. How should Computers Express report its loss on the sale of XYZ stock on this year's tax return?

Reference no: EM131774314

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