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Kayla Reported the Following Amounts in Her 2016 Tax Return

Question 19

Multiple Choice

Kayla reported the following amounts in her 2016 tax return:  Interest income $6,000 Loss from sole proprietorship (20,000)  AGI (14,000)  Standard deduction (6,300)  Personal exemption (4,050) ($24,350) \begin{array} { | l | r | } \hline \text { Interest income } & \$ 6,000 \\\hline \text { Loss from sole proprietorship } & ( 20,000 ) \\\hline \text { AGI } & ( 14,000 ) \\\hline \text { Standard deduction } & ( 6,300 ) \\\hline \text { Personal exemption } & ( 4,050 ) \\\hline & ( \$ 24,350 ) \\\hline\end{array} Kayla has generated an NOL of


A) $0.
B) ($24,350) .
C) ($14,000) .
D) ($20,000) .

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