Saved Help Required information Problem 7-50 (LO 7-2) (Algo) [The following information applies to the questions displayed below) For 2020, Sherri has a short-term loss of $2,470 and a long-term loss of $6,300. Problem 7-50 Part-b (Algo) b. How much loss will Sherri carry over to 2021, and what is the character of the loss carryover? Long term capital loss Short term capital loss 2 Saved Required information Problem 7-50 (LO 7-2) (Algo) (The following information applies to the questions displayed below.) For 2020, Sherri has a short-term loss of $2,470 and a long-term loss of $6,300. Problem 7-50 Part-a (Algo) a. How much loss can Sherri deduct in 2020? Deductible loss