Multiple Choice $4-33$

Net Operating Losses $($LO $4\mathrm{.}9)$

Bonita earns $$31,000$ from her job, and she has $$1,000$ of interest income. She has itemized deductions of $$35,000.$ There are no casualty or theft losses in the itemized deductions. What is Bonita's net operating loss for the current year?

a$.$ $$0$

b$.$ $$4,000$

c$.$ $$1,000$

d$.$ $$3,000$

e$.$ Some other amount