Coley Corporation Has an $800 Net Short-Term Capital Loss and a $6,000

question 64

Multiple Choice

Coley Corporation has an $800 net short-term capital loss and a $6,000 net long-term capital gain in the current year.It also has an $8,000 long-term capital loss carryover from the prior year.What is Coley's capital loss carryover to the next year?

• A)$0
• B)$2,000
• C)$2,800
• D)$8,800