Question: Norman Corporation, a calendar year S Corporation, has an Operating Loss of $80,000 and a Long-Term Capital Loss of $20.000 for the year of 2023. Monica, an individual, owns forty percent (40%)% of the stock of Norman Corporation and has a $25,000 basis in her stock at the beginning of the year of 2023. What amount of the Long-Term Capital Loss can Monica deduct on her personal Federal Income Tax Return (Form 1040) for the year of 2023? O $20,000. $25,000. O $ 5,000. O $40,000.