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Tatoo Inc. reported a net capital loss of $13,000 in 2015. It had a net capital gain of $4, 300 in 2013 and $3,000 in
Tatoo Inc. reported a net capital loss of $13,000 in 2015. It had a net capital gain of $4, 300 in 2013 and $3,000 in 2012. In 2014, although the company suffered a net operating loss, it had net capital gains of $1,000. What is the amount of the Tatoo's capital loss carryover remaining after it applies the carryback? A. $4, 700 B. $5, 700 C. $8, 700 D. $13,000
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