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DeMaria Corporation, a calendar year corporation, generates the following taxable income (net operating losses) sinces its inception in 2018: Year Taxable result 2018 $40,000 2019

DeMaria Corporation, a calendar year corporation, generates the following taxable income (net operating losses) sinces its inception in 2018:

Year Taxable result

2018 $40,000

2019 (15,000)

2020 (5,000)

2021 6,000

Assuming DeMaria makes no special elections with regard to NOLs, what is DeMaria's net operating loss carryforward into 2022?

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