Help!!! show work pleaze

Problem 3: Wilcox Corporation reported the following results for its first three years of operation. All of these figures are before income tax figures. 2018 income $ 500,000 2019 income $ 200,000 2020 loss (1,800,000) 2021 income (estimate) 1,400,000 There were no permanent or temporary differences during these three years. Assume a corporate tax rate of 21% for all tax years. Wilcox wants to maximize its tax savings, so what would the company do during 2020? (4 points)