Carrot corporation, a c corporation, has a net short-term capital gain of $65,000 and a net long-term capital loss of $250,000 during 2018. carrot corporation had taxable income from other sources of $720,000. prior years’ transactions included the following: 2014 net long-term capital gain $150,000 2015 net short-term capital gain 60,000 2016 net short-term capital gain 45,000 2017 net long-term capital gain 35,000 compute the amount of carrot’s capital loss carryover to 2019. a. $0 b. $32,000 c. $45,000 d. $185,000 e. none of the above

Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.