Spencer has an investment in two parcels of vacant land. parcel 1 is a capital asset and parcel 2 is a § 1231 asset. spencer already has short-term capital loss for the year he would like to offset with capital gain. spencer has § 1231 lookback loss that exceeds the gain from the disposition of either land parcel. spencer only wants to sell one land parcel and each of them would yield the same amount of gain. the gain that would be recognized exceeds the short-term capital loss spencer already has. which of the statements below is correct?