During the Current Year,Hope Corporation Has the Following Items of Income

Multiple Choice

During the current year,Hope Corporation has the following items of income and expense:
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Hope owns 10% of the domestic corporation that distributed the dividends to Hope.Determine Hope Corporation's net operating loss for the current year.

A) $(50,000)
B) $(70,000)
C) $(30,000)
D) $(20,000)
E) $(40,000)