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Item $10$

Problem $16-45($LO $16-2)($Static$)$

In $2023$ Hill Corporation reported a net operating loss of $$10,000$ that it carried forward to $2024.$ In $2023$ Hill also reported a net capital loss of $$3,000$ that it carried forward to $2024.$ In $2024,$ ignoring any carryovers from other years, Hill reported a loss for tax purposes of $$50,000.$ The current$-$year loss includes a $$12,000$ net capital gain.

What is Hill's $2024$ net operating loss?