In the current tax year (year 4), ZRB Corporation had a $3,000 net short-term capital gain and a $13,000 net long-term capital loss.

Three years ago (year 1), ZRB had a $2,000 net capital gain.

Two years ago (year 2), ZRB had a $3,000 net capital gain.

One year ago (year 3), ZRB had a $2,500 net capital gain.

This is a three-part question.

Question 1: What amount (if any) of excess capital loss is available for carryover to other tax years?

Question 2: ZRB can apply for what total income adjustment (if any) from capital loss carryback to prior tax years?

Question 3: What amount (if any) of capital loss remains for carryover to the next tax year (year 5)?

a) $13,000; $7,500; $5,500

b) $10,000; $7,500; $2,500

c) $ 7,000; $7,000; $ 0

d) $10,000; $5,000; $5,000