QUESTION 13 Which of the following statements regarding capital gains and losses is false? O a. a. In terms of tax treatment, C corporations generally prefer capital gains to ordinary income. O b. Like individuals, C corporations can deduct $3,000 of net capital losses against ordinary income in a given year. Oc. Corporations must apply capital loss carrybacks and carryovers in a particular order. d. C corporations should first carry back net capital losses for three years and then carry any remaining amount forward for five years.