Question: The following four cases make different assumptions for the current year with respect to the amounts of income and deductions of Jayson Marteny. View the

The following four cases make different assumptions for the current year with respect to the amounts of income and deductions of Jayson Marteny.
View the cases.
Required
For each case, calculate Mr. Marteny's net income. Indicate the amount and type of any loss carryovers that would be available at the end of the current year, or state that there are no current-year loss carryovers.
X
Cases
O Question 8
O Question 9
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Case A. Start b'
Income under
Employment ir
Interest incom
ITA 3(a) subtot
Income under |
Taxable allowa
Allowable cap
ITA 3(b) subtot
Balance from
Subdivision e
Balance from
Deductions unc
Business loss
Case A
Case B
Case C
Case D
Employment Income
Income (Loss) From Business
Interest Income (Loss)
73,000 $
(14,600)
8.700
41,000 $
89,500 $
(4,900)(113,000)
5,600
5.550
33,900
(47.700)
(20.600)
Taxable Capital Gains
40.800
7.600
23.600
24.900
Allowable Capital Losses
(18,400)
(12.300)
(21.100)
(26,500)
Subdivision e Deductions
(5.900)
(2.700)
(22.600)
(6.550)
Print
Done
Mr. Marteny's net income
Calculate the amount and type of any loss carryovers that would be available at the end of the current year in this case,

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