Henderson Inc. reports the following taxable and pretax income (loss) for 2021. Tax rate is 20% for all years.

Year Taxable Income (Loss) Pretax Income (Loss)

2021 (200) (230)

2022 350 100

At the end of 2021, Henderson believes that it is likely that one-fourth of the benefits of the NOL carryforward will not be realized in the future. REQUIRED: FILL IN THE BLANKS BELOW. Do NOT use $ sign in front of numbers.

The NOL Carryforward resulting from the 2021 loss is ???

On 12/31/2021, DTA valuation allowance is ???

Net Loss for 2021 is ???

At the end of 2022, due to the signing of a huge new contract, Henderson reverses its previous assessment on the realizability of the benefits of DTA. It now believes all of its tax benefits will be realized. Fill in the blanks.

Taxable income after applying NOL carry forward for 2022 is ???

Income Tax Expense for 2022 is ???