36. Identify which of the following statements is true. A) The charitable contribution deduction is computed after the deduction for an NOL. B) The charitable contribution deduction is computed after the dividends-received deduction. C) The NOL deduction claimed by a corporation must be taken after the dividends- received deduction D) All of the above are false. 37. Jones Corporation has a $50,000 loss ((revenue-expenses - $50,000 - 100,000 = ($50,000) in 2018. In 2019 Jones has net income of $40,000. How much of the 2018 NOL can Jones offset to income in 2019? A) SO. B) $20,000. C) $32,000. D) $40,000 38. Identify which of the following statements is true. A) Any amount of net business interest disallowed due to limitation may be carried over indefinitely. B) If a corporation accrues an obligation to pay compensation, the corporation must make the payment by year-end to be able to deduct during the current year. C) Corporations can deduct up to $10,000 in capital losses per year. D) Net business interest is limited to 50% of adjusted taxable income