XYZ Inc. has the following net income before any application of any net operating losses: 2016 $9,000 Net income 2017 $12,000 Net income 2018 ($20,000) Net income 2019 $10,000 Net income 2020 $6,000 Net income What is the income for 2017 after applying any applicable NOL?

A. ($8,000)

B. ($1,000)

C. $0

D. $12,000