Studios Reported a Net Capital Loss of $30,000 in Year

question 82

Multiple Choice

Studios reported a net capital loss of $30,000 in year 5.It reported net capital gains of $14,000 in year 4 and $27,000 in year 6.What is the amount and nature of the book-tax difference in year 6 related to the net capital carryover?

• A)$11,000 unfavorable.
• B)$11,000 favorable.
• C)$16,000 unfavorable.
• D)$16,000 favorable.

---

Definitions:

Social Exchange Theory

A theoretical framework suggesting that social behavior is the result of an exchange process aiming to maximize benefits and minimize costs to the individuals.

Community Psychologists

Professionals who apply psychological principles and research to assess and improve the well-being of communities and the individuals within them.

Psychological Barriers

represent mental or emotional obstacles that hinder a person's ability to communicate effectively, achieve goals, or fully engage in relationships.

Accessibility Needs

Requirements related to making environments, systems, or services usable for as many people as possible, including those with disabilities.