Pure Action Cycles Inc., a bicycle manufacturer, has a net capital loss in 2015 of $64,000.

Pure Action Cycles Inc., a bicycle manufacturer, has a net capital loss in 2015 of $64,000. It

had net capital gains of $21,500 in 2014, $45,000 in 2013, $10,000 in 2012 (but suffered a net

operating loss in 2012), and $8,000 of net capital gain in 2010. What is the book-tax difference

in 2014 related to the net capital loss carryback?

A. $9,000 favorable

B. $9,000 unfavorable

C. $19,000 favorable

D. $19,000 unfavorable

E. None of the above