Dryer Corporation (Corporation not individual) had the following transactions.

Revenues	$50,000
Expenses	30,000
LTCG	5,000
STCL	(15,000)

What is Dryer Corporation's taxable income and capital loss (Corporation not individual).

Select one:

a. $15,000 taxable income; $15,000 short term capital loss carried back 3 years and forward 5 years

b. $17,000 taxable income; $12,000 short term capital loss carried forward indefinetely.

c. $10,000 taxable income

d. $20,000 taxable income, $10,000 STCL carried back 3 years and forward 5 years