Company ABC reports a loss of $$80,000$ in $2007.$ In the past when the firm incurred a loss they first carried the loss back as far as they could to receive a refund from the IRS, and then carry forward the remainder to be used to offset future income. Assume the past seven$-$years of taxable income are as follows $($and further that they are not using the current $($new$)$ tax law enacted in November $2017$ to account for NOLs$)$:

$\backslash$table$[[Yea{r}_{?},$Income$],[2000,$$$50,000$