Gate Corp. acquired all of Way Corp's assets in a Type C reorganization on October 19, 2018. On the date of acquisition, Way Corp. had an unused net capital loss of \(\$ 70,000\). Gate Corp. had a net capital gain (computed without regard to any capital loss carryover) of \(\$ 40,000\) for calendar-year 2018 . What amount of the acquired net capital loss of \(\$ 70,000\) can be used to offset Gate Corp's net capital gain for 2018 ?