Sherry is a local baker in Denver. Sherry is in the 24% tax bracket. In 2019, she has the following capital gains and losses: Short-term Capital Gains: $7,000 Short-term Capital Loss: ($12,000) Long-term Capital Gain: $6,000 Long-term Capital Loss: ($10,000) 

a) What is Sherry's Net Short-term Loss?

 b) What is Sherry's Net Long-term Capital Loss? 

c) What will Sherry's Net Capital Loss amount be? How much may she deduct for capital losses? Is this deductible above-the-line or below-the-line?

d) What may Sherry do with the the unallowed portion of her capital losses