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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 2015.
Capital gain or loss for year indicated | ||||||
Corporation | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 |
A | $8,050 | $8,240 | $(14,950) | $10,460 | $6,400 | $(1,710) |
B | 7,600 | 3,640 | 3,290 | 5,000 | (26,510) | 2,030 |
C | 10,240 | 13,100 | (3,590) | 2,750 | (32,850) | 11,650 |
D | (62,490) | 10,200 | 3,010 | 13,400 | 14,650 | 2,130 |
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Assume that 2009 is the first year of operation for each corporation.
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