DurIng $2022,$ your cllents, Mr$.$ and Mrs$.$ Howell, owned the following Investment assets:

${?}^{**}$ No commissions are charged when no$-$load mutual funds are bought and sold.

Because of the downturn In the stock market, Mr$.$ and Mrs$.$ Howell decided to sell most of thelr stocks and the mutual fund

In $2022$ and to relnvest in municipal bonds. The following Investment assets were sold in $2022$:

${?}^{**}$ No commissions are charged when no$-$load mutual funds are bought and sold.

The Howells' broker Issued them a Form $1099-$B showing the sales proceeds net of the commissions pald. For example,

the IBM sales proceeds were reported as $$15,100$ on the Form $1099-$B they recelved.

In addition to the sales reflected in the table above, the Howells provided you with the following additional Information

concerning $2022$:

The Howells recelved a Form $1099-$B from the Vanguard mutual fund reporting a $$900$ long$-$term capital galn

distribution. This distribution was relnvested In $31$ additional Vanguard mutual fund shares on $6/30/2022$

In $2016,$ Mrs$.$ Howell loaned $$7,500$ to a frlend who was starting a new multllevel marketing company called LD$3.$ The

frlend declared bankruptcy in $2022,$ and Mrs$.$ Howell has been notified she will not be recelving any repayment of the

loan.

The Howells have a $$3,800$ short$-$term capital loss carryover and a $$6,300$ long$-$term capltal loss carryover from prior

years.

The Howells did not Instruct their broker to sell any particular lot of IBM stock.

The Howells earned $$3,750$ in municipal bond interest, $$3,750$ in Interest from corporate bonds, and $$5,500$ in qualified

dividends.

Assume the Howells have $$167,500$ of wage income during the year.

c$.$ Assume the Howells' short$-$term capital loss carryover from prior years is $$83,800$ rather than $$3,800$ as indicated above. If this is

the case, how much short$-$term and long$-$term capltal loss carryover remains to be carrled beyond $2022$ to future tax years?

Note: Leave no cells blank $-$ be certaln to enter $"0"$ wherever required.