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Word Corporation reported gross income from operations of $ 4 5 0 , 0 0 0 and operating expenses of $ 4 8 0 ,

Word Corporation reported gross income from operations of $450,000 and operating expenses of $480,000. Word Corporation also received dividend income of $100,000 from Knit, Inc., a domestic corporation, of which Word is a 10% shareholder. What is the amount of Word Corporations net operating loss?
A.
$70,000
B.
$10,000
C.
$0
D.
$30,000

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