Carrot Corporation, a C Corporation, Has a Net Short-Term Capital

question 41

Short Answer

Carrot Corporation, a C corporation, has a net short-term capital gain of $65,000 and a net long-term capital loss of $250,000 during 2014. Carrot Corporation had taxable income from other sources of $720,000. Prior years' transactions included the following:
$\begin{array}{rlr}2010 & \text { Net long-term capital gain } & \$ 150,000 \\2011 & \text { Net short-term capital gain } & 60,000 \\2012 & \text { Net short-term capital gain } & 45,000 \\2013 & \text { Net long-term capital gain } & 35,000\end{array}$
Compute the amount of Carrot's capital loss carryover to 2015.
a. $0.
b. $32,000.
c. $45,000.
d. $185,000.
e. None of the above.