Red Corporation was formed in 2016. In that year, it had a net capital loss of $2,000. In 2017, it had a net capital gain of $5,000. In 2018, the company reported a net capital loss of $9,000. What is the amount of capital loss carryforward to 2019, if any?     $6,000.     $4,000.     $9,000.     $0.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Red Corporation was formed in 2016. In that year, it had a net capital loss of $2,000. In 2017, it had a net capital gain of $5,000. In 2018, the company reported a net capital loss of $9,000. What is the amount of capital loss carryforward to 2019, if any?

   

$6,000.

   

$4,000.

   

$9,000.

   

$0.

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