a,b,c

Problem 05-46 (LO 05-2) (Algo) WCC Corporation has a $170,000 net operating loss carryover to 2022 from a previous year. Assume that is reported 589000 of taxable income in 2022 (before the net operating loss deduction) and $100,000 of taxable income in 2023 (hefore the net eperatini loss deduction). Note: Leave no answer blank. Enter zero if applicable. Required: a. What is WCC's taxable income in 2022 and 2023 (after the net operating loss deduction), assuming the 5170,000 NoL carryover originated in 2017? b. What is WCC's taxable income in 2022 and 2023 (after the net operating loss deduction), assuming the S170.000 Not caryover originated in 2020 and WCC elected to forgo the NOL carry back option? c. Assuming the $170,000NOL carryover originated in 2020 and WCC elected to not carry back the loss, what is the book-tak difference for each year? Is it favorable or unfavorable? Is it temporary or permanent? Complete this question by entering your answers in the tabs below. o. What is WCC's taxable income in 2022 and 2023 (after the net operating loss deduction), assuming the $170,000 NOL carryover originated in 2017? b. What is WCC's taxable income in 2022 and 2023 (after the net operating loss deduction), assuming the $170.000 NOL carryover originated in 2020 and WCC elected to forgo the NOL carry back option? c. Assuming the $170,000 NOL carryover originated in 2020 and WCC elected to not carry back the loss, what is the hook-ax difference for each year? Is it favorable or unfavorable? Is it temporary or permanent? Complete this question by entering your answers in the tabs below. What is WCC's taxable income in 2022 and 2023 (after the net operating loss deduction), assuming the \$170,000 NOL. carryover originated in 20172 b. What is WCC's taxable income in 2022 and 2023 (after the net operating loss deduction), assuming the 5170.000 NOL carryover originated in 2020 and WCC elected to forgo the NOL carry back option? c. Assuming the $170,000 NOL carryover originated in 2020 and WCC elected to not carry back the loss, what is the book tax difference for each year? Is it favorable or unfavorable? Is it temporary or permanent? Complete this question by entering your answers in the tabs below. What is WCC's taxable income in 2022 and 2023 (after the net operating loss deduction), assumirig the $170,000 noL carryover originated in 2020 and WCC elected to forgo the NOL carry back option? b. What is WCC's taxable income in 2022 and 2023 (after the net operating loss deduction), assuming the $170000 NDL, carryove originated in 2020 and WCC elected to forgo the NOL carry back option? c. Assuming the $170,000 NOL carryover originated in 2020 and WCC elected to not carry back the loss, what is the hook-tax difference for each year? Is it favorable or unfavorable? Is it temporary or permanent? Complete this question by entering your answers in the tabs below. Assuming the $170,000 NOL carryover originated in 2020 and wCC elected to not carry back the loss, what is the book tax difference for each year? Is it favorable or unfavorable? Is it temporary or permanent