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Assume that The Bell Company operates in an industry for which NOL carryback is allowed. The Bell Company had the following operating results ours Year

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Assume that The Bell Company operates in an industry for which NOL carryback is allowed. The Bell Company had the following operating results ours Year Income oss) Income tax 10,000 2018 Tax rate 254 25% 30% 40,000 40,000 50,000 (130,000) 2019 2020 10,000 15,000 2021 30% 0 What is the Deferred tax Asset in 2021? A) 530,000 B) 90.000 522.500 0) 512.000

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