gus, who is married and files a joint return, owns a grocery store. In 2016, his gross sales were $276,000, and operating expenses were $320,000. Other items on his 2016 return were as follow:

Nonbusiness capital gains 20,000

nonbusiness capital losses 9,000

itemized deductions(no theft) 18,000

ordinary nonbusiness income 8,000

salary from part-time job 10,000

During 2014, Gus had no taxable income. In 2015, Gus had taxable income of $21,100 computed as follows:

Net business income 60,000

interest income 2,000

less: itemized deductions

charitable contributions of 40,000, limited to 50% of AGI - 31,000

Medical expenses of $8,100, limited to amount in excess of 10% of AGI (8,100-6,200) - 1,900

Exemptions (2*4,000)- 8,000

Total taxable inome 21,100

A.) What is Gus's 2016 NOL?

B.) Determine Gus's recomputed taxable income for 2015?

C.) Determine the amount of Gus's 2016 NOL to be carried forward to 2017.