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A company had a carryover of $7,500 net capital loss that was realized in 2007 and a non-capital loss carryover $$2,500 that was realized on

  1. A company had a carryover of $7,500 net capital loss that was realized in 2007 and a non-capital loss carryover $$2,500 that was realized on 1998. If the company wants to use all the losses available in 2020, what is the net capital loss available from this transaction in 2020?
  1. $ 10,000
  2. $ 7,500
  3. $ 3,750
  4. $ 0

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