Michael ?has generated general business credits over the years that have not been utilized. The amounts generated and not utilized follow:
In the current year, 2014, his business generates an additional $17,000 general business credit. In 2014, based on his tax liability before credits, he can utilize a general business credit of up to $25,000. After utilizing the carryforwards and the current year credits, how much of the general business credit generated in 2014 is available for future years?
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