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For each of the following cases, determine the amount of capital gain or loss to report in each year (after taking into account any applicable
For each of the following cases, determine the amount of capital gain or loss to report in each year (after taking into account any applicable carrybacks) and the capital loss carryforward to 2017.
Capital gain or loss for year indicated | |||||||||||||||||||
Corporation | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | |||||||||||||
A | $ | 5,950 | $ | 7,090 | $ | (11,850 | ) | $ | 8,810 | $ | 3,750 | $ | (1,160 | ) | |||||
B | 5,350 | 3,820 | 3,370 | 7,750 | (27,140 | ) | 2,750 | ||||||||||||
C | 7,870 | 9,850 | (3,320 | ) | 2,100 | (26,770 | ) | 11,350 | |||||||||||
D | (64,710 | ) | 8,650 | 3,790 | 11,450 | 13,700 | 2,220 | ||||||||||||
Assume that 2011 is the first year of operation for each corporation. (Do not leave cells blank, enter "0" if there is no effect.)
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