Seamus, Inc. (a regular corporation) had $16,000 of net long-term capital loss in 2016.In 2017, Seamus generated $17,000 of short-term capital loss
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Seamus, Inc. (a regular corporation) had $16,000 of net long-term

capital loss in 2016. In 2017, Seamus generated $17,000 of short-term capital loss and $26,000 of long-term capital gain. Which of the following statements is correct?
Seamus had a $13,000 short-term capital loss carryover to 2017.
Seamus had a $16,000 short-term capital loss carryover to 2017.
Seamus had a $7,000 net short-term capital loss carryover to 2018.
a. and c.
b. and c.

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Subject: Accounting, Business
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