4 In 2014 Colossus Corporation incurred a net capital loss in the amount of $25,000. Colossus had the following net capital gains in the previous five years:

2013 - $7,000

2012 - $2,000

2011 - $5,000

2010 - $4,000

2009 - $3,000

How much of the 2014 net capital loss may Colossus carry over to 2015?

$0

$8,000

$11,000

$1,000