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Bingo Corporation incurred a $12 million net operating loss in 2019. Bingo reported taxable income of $10 million in 2020. For the year 2020, what

Bingo Corporation incurred a $12 million net operating loss in 2019. Bingo reported taxable income of $10 million in 2020. For the year 2020, what would be Bingos Taxable Income ? $0 ($4,000,000) $2,000,000 $400,000 Not enough information.

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