Khalid, Who Is Single, Reports the Following Items for 2019

Multiple Choice

Khalid, who is single, reports the following items for 2019: $$\begin{array} { l r } \text { Salary } & \$ 40,000 \\\text { Interest income on U.S. Treasury bonds } & 8,000 \\\text { Loss on theft of securities } & ( 60,000 ) \\\text { Interest income on New York state bonds } & 12,000\end{array}$$ What is Khalid's NOL for 2019?

A) ($10,000)
B) ($12,000)
C) ($16,100)
D) ($24,050)
E) None of these.