Sensor Corporation Was Formed and Began Operations in 2016

question 39

Multiple Choice

Sensor Corporation was formed and began operations in 2016. For that year, it had operating income of $50,000, long-term capital gains of $25,000 and short-term capital losses of $10,000. In 2017, the corporation had $5,000 of net long-term capital losses, and in 2018 the corporation had $20,000 of net long-term capital losses. How much capital loss is available to carry forward to 2019?

• A)$- 0 -
• B)$10,000
• C)$15,000
• D)$20,000
• E)$25,000

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Definitions:

Symbolic Interactionist

A perspective in sociology that focuses on the ways individuals interpret and give meaning to social symbols, interactions, and experiences in their everyday lives.

Human Agency

The capacity of individuals to act independently and make free choices, thereby shaping their own lives.

Subjectivity

The quality of being based on or influenced by personal feelings, tastes, or opinions, rather than external facts.

Interpersonal Relationships

Relationships established between two or more individuals based on social interactions, characterized by mutual influence and emotional connection.