a. During the current tax year, Taxus Corporation has ordinary income of $110,000, a long-term capital loss of $20,000, and a short-term capital loss of $5,000, Calculate Taxus Corporation's tox liablity. b. Maxus Corporation started business in 2020 and generated taxable income/(loss) of ($40,000),$45,000, and ($20,000) in 2020,2021, and 2022 , respectively. What is the NOL carryforward to 2023 , if any