In the Current Year, Norris, an Individual, Has $70,000 of Ordinary

In the current year, Norris, an individual, has $70,000 of ordinary income, a net short-term capital loss (NSTCL) of $8,000 and a net long-term capital gain (NLTCG) of $4,800. From his capital gains and losses, Norris reports:

A) an offset against ordinary income of $8,000.
B) an offset against ordinary income of $3,000 and an NSTCL carryforward of $5,000.
C) an offset against ordinary income of $4,800 and an NSTCL carryforward of $3,200.
D) an offset against ordinary income of $3,000 and an NSTCL carryforward of $3,200.
E) an offset against ordinary income of $3,000 and an NSTCL carryforward of $200.