Murray Corporation's stock is owned by about 1,000 shareholders, none of whom own more than 1% of the outstanding shares. Pursuant to a tender offer, Said purchased all the Murray stock for $7.5 million cash at the close of business on December 31, 2017. Before the acquisition, Said owned no Murray stock. Murray had incurred substantial NOLs, which totaled $1 mill ion at the end of 2017. Murray's taxable income is expected to be $200,000 in 2018. Assuming the long term tax-exempt federal rate is 5% and Murray continues in the same trade or business, what amount of NOLs can Murray use in 2018?