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Bear Corporation has a net short-term capital gain of $35,000 and a net long-term capital loss of $200,000 during 2011. Bear Corporation has taxable income from other sources of $600,000. Prior years' transactions included the following:
2007
Net short-term capital gain
$45,000
2008
Net long-term capital gain
20,000
2009
55,000
2010
30,000
Compute the amount of Bear's capital loss carryover to 2012.
a. $0. b. $60,000. c. $105,000. d. $165,000. e. $200,000.
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