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The Following Chart Details Sheen's 2017, 2018, and 2019 Stock

Question 140

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The following chart details Sheen's 2017, 2018, and 2019 stock transactions. What is the capital loss carryover to
2019 and what is the net capital gain or loss for 2019?  Short-Term  Short-Term  Capitalgains  Short-Term  CapitalLosses  Long-Term  CapitalGains  Long-Term  CapitalLosses 2017$4,000$6,000$2,000$13,0002018$16,000$14,000$23,000$28,0002019$55,000$52,000$67,000$33,000\begin{array}{rrrrr}\text { Short-Term } & \begin{array}{r}\text { Short-Term } \\\text { Capitalgains }\end{array} & \begin{array}{r}\text { Short-Term } \\\text { CapitalLosses }\end{array} & \begin{array}{r}\text { Long-Term } \\\text { CapitalGains }\end{array} & \begin{array}{r}\text { Long-Term } \\\text { CapitalLosses }\end{array}\\2017 & \$ 4,000 & \$ 6,000 & \$ 2,000 & \$ 13,000 \\2018 & \$ 16,000 & \$ 14,000 & \$ 23,000 & \$ 28,000 \\2019 & \$ 55,000 & \$ 52,000 & \$ 67,000 & \$ 33,000\end{array}

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The 2018 capital loss carryforward is $1...

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