$6)$ Sherry is a local baker in Denver. Sherry is in the $24\%$ tax bracket. In $2019,$ she has the following capital gains and losses:

Short$-$term Capital Gains: $$7,000$

Short$-$term Capital Loss: $($$$12,000)$

Long$-$term Capital Gain: $$6,000$

Long$-$term Capital Loss: $($$$10,000)$

a$)$ What is Sherry$$s Net Short$-$term Loss?

$-$ It is $-$$$5,000$

b$)$ What is Sherry$$s Net Long$-$term Capital Loss?

$-$ It is $-$$$4,000$

c$)$ What will Sherry$$s Net Capital Loss amount be$?$ How much may she deduct for capital losses? Is this deductible above$-$the$-$line or below$-$the$-$line?d$)$ What may Sherry do with the unallowed portion of her capital losses?