11. Eagle Corporation sold a capital asset in 20x3 (its first year of operations) resulting in a loss of $30,000. There were no other capital transactions for Eagle in that year or any other until 20X8 when Eagle sold another capital asset resulting in a $45,000 gain. Taxable income for 20x8 without considering the capital transaction was $220,000. Which of the following statements is true with regard to these transactions? a. The $30,000 capital loss was deducted by Eagle in 20x3. b. The $30,000 capital loss was carried forward and expired in 20x6. c. Taxable income for 20X8 is $265,000. d. Taxable income for 20x8 is $235,000. e. None of the answers provided is correct