In 2019 hill corporation reported a net operating loss of $10,300 that it carried forward to 2020. in 2019 hill also reported a net capital loss of $4,200 that it carried forward to 2020. in 2020, ignoring any carryovers from other years, hill reported a loss for tax purposes of $58,500. the current-year loss includes a $12,700 net capital gain. what is hill’s 2020 net operating loss?

The following accounts appeared in recent financial statements of delta air lines. identify each account as either a balance sheet account or an income statement account. for each balance sheet account, identify it as an asset, a liability, or stockholders' equity. for each income statement account, identify it as a revenue or an expense. item financial statement type of account accounts payable balance sheet advanced payments for equipment balance sheet air traffic liability balance sheet aircraft fuel (expense) income statement aircraft maintenance (expense) income statement aircraft rent (expense) income statement cargo revenue income statement cash balance sheet contract carrier arrangements (expense) income statement flight equipment balance sheet frequent flyer (obligations) balance sheet fuel inventory balance sheet landing fees (expense) income statement parts and supplies inventories balance sheet passenger commissions (expense) income statement passenger revenue income statement prepaid expenses income statement taxes payable balance sheet