Jennifer, who had owned the worthless security, had a basis of $20,000 for it. She had a holding period of six months when it became worthless on December 10, 2021. Determine the treatment of the gain or loss:
Select one of the choices:
1231 gain, 1231 loss, 1245 gain, 1245 loss, 1250 gain, 1250 loss, ordinary gain, ordinary loss, short-term capital loss, short-term capital gain, long-term capital gain, long-term capital loss