Dandarion company started its operation in 2020, it has been operating for 6 years now since the formation of the company. The first few years were not as profitable as the board of directors expected. The following represents the net operating profit/losses reported by Dandarion for the first 6 years of operation: Net operation profit/ net operating losses Year Tax rate 2020 (180,000) 40% (enacted in 2019) 2021 90,000 30% (enacted in 2019) 2022 250,000 40% (enacted in 2019) 2023 (240,000) 30% (enacted in 2019) 2024 140,000 30% (enacted in 2024) 2025 150,000 35% (enacted in 2025)