Habiby, Inc., began operations in 2018 and has the following income and expenses for 2018 through 2021.

	2018				2019				2020				2021
Income		$180,000				$300,000				$320,000			$320,000
Expenses		(280,000)				(150,000)				(400,000)			(220,000)
Operating Income		$(100,000)				$150,000				$(80,000)			$100,000

a. What is the amount of tax that Habiby should pay each year? If an amount is zero, enter "0".

2018	$
2019	$
2020	$
2021	$

b. How much would Habiby have paid in tax if the old NOL rules were in place but the corporate tax rate was 21 percent?. If an amount is zero, enter "0".

2018	$
2019	$
2020	$
2021	$