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Bean Corporation, a C corporation, has a net short-term capital gain of $165,000 and a...

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Accounting

Bean Corporation, a C corporation, has a net short-term capital gain of $165,000 and a net long-term capital loss of $350,000 during 2017. Bean Corporation had taxable income from other sources of $500,000. Prior years transactions included the following.

2013 Net long-term capital gain $150,000
2014 Net short-term capital gain 60,000
2015 Net short-term capital gain 45,000
2016 Net long-term capital gain 35,000
Compute the amount of Carrots capital loss carryover to 2018 and explain why

a) $32,000
b) $185,000
c) $0
d) $45,000

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