1. Goose Corporation, a C corporation, incurs a net capital loss of $12,000 for 2021. It also has ordinary income of $10,000 in 2021. Goose had net capital gains of $2,500 in 2017 and $5,000 in 2020. Determine the amount, if any, of the net capital loss of $12,000 that is deductible in 2021. Determine the amount, if any, of the net capital loss of $12,000 that is carried forward to 2022. 2 Cherry Corporation, a calendar year C corporation, is formed and begins business on April 1 of the current year. In connection with its formation, Cherry incurs organizational expenditures of $54,000. Determine Cherry Corporation's deduction for organizational expenditures for the current year