Assume that Western Exploration Corp. is considering the acquisition of Ogden Drilling Company. The latter has a $550,000 tax loss carryforward. Projected earnings for the Western Exploration Corp. are as follows: 2011 2012 2013 Total Values Before-tax income $ 205,000 $ 290,000 $ 410,000 $ 905,000 Taxes (35%) 71,750 101,500 143,500 316,750 Income available to stockholders $ 133,250 $ 188,500 $ 266,500 $ 588,250

a. How much will the total taxes of Western Exploration Corp. be reduced as a result of the tax loss carryforward? (Do not round intermediate calculations and round your answer to the nearest whole dollar.)

b. How much will the total income available to stockholders be for the three years if the acquisition occurs? (Do not round intermediate calculations and round your answers to the nearest whole dollar.)