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For 2020, Sherri has a short-term loss of $2,500 and a long-term loss of $4,750. b. How much loss will Sherri carry over to 2021,

For 2020, Sherri has a short-term loss of $2,500 and a long-term loss of $4,750.

b. How much loss will Sherri carry over to 2021, and what is the character of the loss carryover?

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