Sensor Corporation was formed and began operations in 2014.For that year,it had operating income of $50,000,long-term capital gains of $25,000 and short-term capital losses of $10,000.In 2015,the corporation had $5,000 of net long-term capital losses,and in 2016 the corporation had $20,000 of net long-term capital losses.How much capital loss is available to carry forward to 2017?
A) $- 0 -
B) $10,000
C) $15,000
D) $20,000
E) $25,000
Correct Answer:
Verified
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