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 $2022,$ if any.

Assume that $2016$ is the first year of operation for each corporation.

Note: Do not leave cells blank, enter $"$O$"$ if there is no effect.

Answer is complete but not entirely correct.