Multiple Choice
Sensor Corporation was formed and began operations in 2016. 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 2017, the corporation had $5,000 of net long-term capital losses, and in 2018 the corporation had $20,000 of net long-term capital losses. How much capital loss is available to carry forward to 2019?
A) $- 0 -
B) $10,000
C) $15,000
D) $20,000
E) $25,000
Correct Answer:

Verified
Correct Answer:
Verified
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