Mr. Chris's 2018 income and deductions are listed below. Calculated for the following two cases, Mr. Chris's Net Income for tax purposes and indicate any possible loss carryovers from the current year.

Case A

Employment Income.............................28,000

Income(loss) from Business..................(36,000)

Income from property .............................15,000

Taxable Capital Gains..............................21,000

Allowable Capital Losses ........................(27,000)

Subdivision E Deductions (spousal support)....(11,000)

Case B

Employment Income.......................16,000

Income (loss) from Business ..........(21,000)

Income from property........................22,000

Capital Gains ...................................64,000

Capital Losses ..................................(138,000)

Subdivision E Deductions (spousal support) ......(5,000)