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Last year its first year of operations it had 9000 of

A U.S. corporation has a long-term capital loss of $20,000 for the current year and has a $7,000 short-term capital gain. Last year, its first year of operations, it had $9,000 of short-term capital losses. What is the corporation's capital loss carryover to next year?

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Accounting Basics: Last year its first year of operations it had 9000 of

Reference No:- TGS02604279

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