A Corporation Has the Following Capital Gains and Losses During

A corporation has the following capital gains and losses during the current year: The tax result to the corporation is

A) $10,000 NLTCG included in gross income and taxed at ordinary rates; $4,000 NSTCG included in gross income and taxed at reduced rates.
B) $14,000 included in gross income and taxed at reduced rates.
C) $14,000 included in gross income and taxed at ordinary rates.
D) $10,000 NLTCG is included in gross income and taxed at reduced rates; and $4,000 NSTCG included in gross income and taxed at ordinary rates.