To better understand the rules for offsetting capital losses and how to treat capital losses carried forward, analyze the following data for an unmarried individual for the period 2013 through 2016. No capital loss carryforwards are included in the figures. For each year, determine AGI and the capital losses to be carried forward to a later tax year.

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2013 2014 2015 2016 AGI (excluding property transactions) $60,000 7,000 5,000 2,200 1,000 $40,000 $50,000 5,000 3,000 10,000 $70,000 STCG 12,000 6,000 9,500 STCL LTCG 9,000 6,000 5,000 21,000 AGI (including property transactions) STCL to be carried forward LTCL o be carried forward