IN 2018, NEW RIVER EXPRESS COPORATION HAD THE FOLLOWING

GROSS INCOME FROM OPERATIONS $190.000

DIVIDENDS FROM A 30%-owned domestic corporations 60,000

operating expenses (120,000)

CHARITABLE CONTRIBUTIONS 20,000

ALSO NEW RIVER REPORTED AN NOL OF 15,000 ON ITS 2019CALENDAR YEAR RETURN.CONSIDERING THE LIMITATIONS ON CONTRIBUTIONS THE DRD AND THE 2019 NOL, TAXABLE INCOME FOR NEW RIVER FOR 2018 WILL BE HOW MUCH

0

63000

78000

87000