(Answered) Question - computers express inc sold 100 shares of abc

Accounting

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?

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