7. Dowe and Cheatem Corporations are affiliated and have filed consolidated tax returns for the past three years. Dowe acquires 100% of Howe stock on January 1 of 2020. Howe Corporation filed separate returns previously. Dowe, Cheatem, and Howe filed a consolidated return for 2020 and reported the following taxable incomes: Corporation Dowe Cheatem Howe Taxable Income 2019 $18,000 9,000 (17,000) Taxable Income 2020 $ 12,000 8,000 20,000 How much of the 2019 Howe NOL be used to offset DCH in 2020? A) $20,000 B) $17,000 C) $16,000 D) $0