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Required information

Problem $7-50($LO $7-2)($Algo$)$

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For $2023,$ Sherri has a short$-$term loss of $$2,090$ and a long$-$term loss of $$7,500.$

Problem $7-50$ Part$-$b $($Algo$)$

b$.$ How much loss will Sherri carry over to $2024,$ and what is the character of the loss carryover?