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  3. in 20x5, chris, incurred net capital losses that a

In 20X5, Chris, incurred net capital losses that amounted to $60,000. During the period from...

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Accounting

  1. In 20X5, Chris, incurred net capital losses that amounted to $60,000. During the period from 20X1 through 20X4, Chris had net capital gains of $4,000 each year. How much capital loss may Chris carry forward to 20X6?

  1. $57,000

  1. $32,000

  1. $28,000

  1. $50,000

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