In 2012, Nam Corp., which is not a dealer in securities, realized
taxable income of $160,000 from its business operations.
Also, in 2012, Nam sustained a long-term capital loss of $24,000
from the sale of marketable securities. Nam did not realize any
other capital gains or losses since it began operations. In Nam’s
income tax returns, what is the proper treatment for the $24,000
long-term capital loss?