Bonita earns $31,000 from her job, and she has $1,000 of interest income. She has itemized deductions and personal exemptions of $35,000. There are no casualty or theft losses in the itemized deductions. What is Bonita's net operating loss for the current year?

a. $0

b. $1,000

c. $3,000

d. $4,000

e. Some other amount

Please show your calculations and explain why you chose your answer. Thank you.