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b. What is WCC's taxable income in 2020 and 2021 (after the net operating loss deduction), assuming the $205,000 NOL carryover originated in 2019? Year
b. What is WCC's taxable income in 2020 and 2021 (after the net operating loss deduction), assuming the $205,000 NOL carryover originated in 2019? Year Taxable Income 2020 2021 c. Assuming the $205,000 NOL carryover originated in 2019, what is WCC's book-tax difference associated with the NOL in 2020 and in 2021 and identify the book tax difference for each year as permanent or temporary? Book-tax difference 2020 Book-tax difference 2021 C. Assuming the $220,000 NOL carryover originated in 2019, what is WCC's book-tax difference associated with the NOL in 2020 and in 2021 and identify the book tax difference for each year as permanent or temporary? Book-tax difference 2020 Book-tax difference 2021
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