In 2014,the First Year of Its Existence,Chartreuse Corporation Had a Net

question 97

Multiple Choice

In 2014,the first year of its existence,Chartreuse Corporation had a net capital loss of $3,000.In 2015 and 2016,it had net capital gains of $5,000 and $8,000,respectively.In 2017,the company reported a net capital loss of $12,000.What is the amount of capital loss carryforward to 2018?

• A)$0.
• B)($1,000).
• C)($2,000).
• D)($4,000).

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