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0 41. MWC Corp. is currently in the sixth year of its existence (2018). In 2013-2017, it reported the following income and (losses) (before net
0 41. MWC Corp. is currently in the sixth year of its existence (2018). In 2013-2017, it reported the following income and (losses) (before net operating loss carryovers or carrybacks). 2013: ( 70,000) 2014: ( 30,000) 2015: $ 60,000 2016: $140,000 2017: (S 25,000) 2018: $300,000 If MWC elected to carry over the 2017 NOL, what is its 2018 taxable income after the NOL deduction
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