Albert Corporation is a profitable publicly traded corporation. None of its shareholders owns more than 1% of its outstanding shares. On December 31, 2019, Albert exchanged $8 million of its stock for all the stock of Turner Corporation as part of a merger. Turner is owned by Tara, who receives 15% of the Albert stock as part of the reorganization. Tara owned none of the Albert stock before the merger. Turner accumulated $2.5 million in NOL carryovers in post-2017 years prior to the merger. Albert expects to earn $1 million in taxable income during 2020. Assuming the long-term tax-exempt federal rate is 4.5%, what amount of NOLs can Albert use in 2020? What amount carries over to 2021?