13. Bonita earns $31,000 from her job, and she has $1,000 of interest income. She has itemized deductions and personal exemptions of $35,000. There are no casualty or theft losses in the itemized deductions. What is Bonita’s net operating loss for the current year?

a. $4,000

b. $3,000

c. $0

d. $1,000

e. Some other amount LO 3.3