1. Seamus had $16,000 of net short-term capital loss in 2016. In 2017, Seamus has $17,000 of long-term capital loss and $26,000 of long-term capital gain. Which of the following statements is correct?

a.Seamus had a $13,000 short-term capital loss carryover to 2017.

b."Seamus had a $13,000 short-term capital loss carryover to 2017" and "Seamus has a $4,000 2017 net short-term capital loss".

c.Seamus has a $4,000 2017 net short-term capital loss.

d.Seamus has an $9,000 2017 net long-term capital gain.

e.None of these choices are correct.