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Find amount of bear capital loss carryover

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Reference no: EM13343080

Bear Corporation has a net short-term capital gain of $35,000 and a net long-term capital loss of $200,000 during 2011. Bear Corporation has taxable income from other sources of $600,000. Prior years' transactions included the following:

2007

Net short-term capital gain

$45,000

2008

Net long-term capital gain

20,000

2009

Net short-term capital gain

55,000

2010

Net long-term capital gain

30,000

 

 

 


Compute the amount of Bear's capital loss carryover to 2012.

a. $0.
b. $60,000.
c. $105,000.
d. $165,000.
e. $200,000.

 

Reference no: EM13343080

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