Question: Show me the steps to solve In the current year, Sylvia Stallone, a single taxpayer, had a salaryof $ 2 1 , 0 0 0

Show me the steps to solve In the current year, Sylvia Stallone, a single taxpayer, had a salaryof $21,000and no other ordinary income. During the year, she had a long-term capital loss of $1,400and a short-term capital gain of $1,500.Capital losses carried over from previous years were as follows: Long-term capital loss carryover $(2,400). Short-term capital loss carryover (3,200) After deducting all possible carryovers in her current return, what are Sylvia's carryovers to the following year? The final answer is Long-term capital loss carryover: $2,500Short-term capital loss carryover: $0.Explain in only formula number format only, NO WORDS.

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