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Assume that Violet Corp, operates in an industry for which NOL carryback is allowed. Violet Corp, reported the following pretax accounting Income and taxable income

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Assume that Violet Corp, operates in an industry for which NOL carryback is allowed. Violet Corp, reported the following pretax accounting Income and taxable income for its first three years of operations: 2020 $ 357,000 (509,000) 736,000 2021 2022 Violet's tax rate is 33% for all years. Violet elected a loss carryback. As of December 31, 2021. Violet was certain that it would recover the full tax benefit of the NOL that remained after the operating loss carrybock. What did Violet report on December 31, 2021, as the deferred tax asset for the NOL carryforward

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