Fantino incorporated was incorporated in 2021 and adopted a calendar yeat for tax purposes. Here is a schedule of Fantino's taxable income for 2 and 2022. In 2023 , Fantino generated $2,97,300 ordinary income and recognized a $14,000 net capital loss. Which of the following statements is true? Mutiple Choice Fantino can deduct its $14,000 net capital loss onsy on a carryforward basls. Fartino can carry the net capital loss beck to 2021 and receive a \$1,218 refund of 2021 lax. Fontons can deduct the capital loss against its 2021 ordinary income, producing $2,940 of tax savings. Fantino incorporated was incorporated in 2021 and adopted a calendar yeat for tax purposes. Here is a schedule of Fantino's taxable income for 2 and 2022. In 2023 , Fantino generated $2,97,300 ordinary income and recognized a $14,000 net capital loss. Which of the following statements is true? Mutiple Choice Fantino can deduct its $14,000 net capital loss onsy on a carryforward basls. Fartino can carry the net capital loss beck to 2021 and receive a \$1,218 refund of 2021 lax. Fontons can deduct the capital loss against its 2021 ordinary income, producing $2,940 of tax savings