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Fringetree Corp. reports a $96,000 net operating loss (NOL) in 2021. Then, the company reports $110,000 of taxable income in 2022 (before the NOL deduction)

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Fringetree Corp. reports a $96,000 net operating loss (NOL) in 2021. Then, the company reports $110,000 of taxable income in 2022 (before the NOL deduction) and $74,000 of taxable income in 2023 (before the NOL deduction). What is Fringetree's taxable income in 2022 and 2023 after the NOL deduction? 2022$22,000;2023$66,000 2022$14,000;2023$74,000 2022$22,000;2023$14,800 2022$33,200;2023$54,800

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