Without regard to the transactions or events described below, Cher Holder, who is a single taxpayer, has gross ordinary income of $$60,000,62$ and $63$ deductions of $$20,000,$ and taxable income of $$40,000$ in the current year. Consider together the following further facts and then answer questions $($a$)$ through $($d$)$ which follow:

$(1)$ Cher owns a $$5,000$note$$ of Flibinite Corporation which she got from the Corporation for a loan of that amount and which is supposed to pay five percent interest each year. Flibinite goes bankrupt and Cher$$s $$note$$ is worthless. The Commissioner successfully asserts that Cher$$s $$note$$ represents an equity contribution to Flibinite. Cher acquired the $$note$$ two years ago.

$(2)$ Cher owns common stock in Flibinite which also becomes worthless in the current year. She paid $$3,000$ for the stock three years ago

$(3)$ Two years ago Cher loaned her friend Mooney $$2,600.$ That loan becomes worthless in the current year. $($What factors would be considered in determining if the loan created a bona fide debt?$)$ Assume the debt was bona fide.

A$)$ To what extent will the above transactions reduce Cher$$s taxable income for the year

B$)$ What, if any, is Cher$$s capital loss carryover to the succeeding year?

C$)$ If$,$ in addition, Cher had sold some stock for $$20,000$ which she had purchased three years earlier for $$9,400,$ what is her taxable income for the current year? $($Assume her other $62$ and $63$ deductions are still $$20,000)$

D$)$ Assuming the facts of all parts including part $($c$)$ in the above problem, must Cher report any income $($and if so what character of income$)$ if in the following year Mooney inherits some money and repays her $$2,600$ obligation to Cher?