Suppose Daniel wins $15,000 in Casino A on the first night, wins $2,000 in casino B on the second night, but loses $20,000 on the third night? Which one of the below statements is true?
a) Daniel will report a net gambling income of $2,000
b) Daniel will report a net gambling income of $3,000
c) Daniel will report a net gambling loss of $3,000
d) Daniel will report a net gambling loss of $5,000