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Bear Corporation Has a Net Short-Term Capital Gain of $35,000

Question 20

Multiple Choice

Bear Corporation has a net short-term capital gain of $35,000 and a net long-term capital loss of $200,000 during 2010.Bear Corporation has taxable income from other sources of $600,000.Prior years' transactions included the following: Bear Corporation has a net short-term capital gain of $35,000 and a net long-term capital loss of $200,000 during 2010.Bear Corporation has taxable income from other sources of $600,000.Prior years' transactions included the following: Compute the amount of Bear's capital loss carryover to 2011. A) $0. B) $105,000. C) $165,000. D) $200,000. E) None of the above. Compute the amount of Bear's capital loss carryover to 2011.


A) $0.
B) $105,000.
C) $165,000.
D) $200,000.
E) None of the above.

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