Hollams Corporation sold a Capital Asset in 2023 that it had held for two (2) years at a loss of $40,000. In 2023, Hollams Corporation had Taxable Income From Operations of $80,000 (Ordinary Income) and also had a Short-Term Capital Gain of $25,000. The "total" Capital Loss that Hollams Corporation may deduct (offset) for the tax year of 2023 is:

$ -0-.$28,000.$ 3,000.$25,000