KongResz, Lid., follows IFRS and reported the following amounts and information for the three years ended December 31: GENERAL INFORMATION 2016 2017 2018 Accounting income (loss) $550,000 (1,400,000) $200,000 Accounting depreciation 100,000 1 00,000 100,00 0 CCA allowed 170,00 0 1 10,000 80,000 Tax rate 25% 30% 339% Taxable incomes (losses) in the two years prior to 2016 were $0. Any changes in tax rates were not enacted until the year of the tax change. Tax rates beyond 2018 are not expected to change. KongResz" management is confident that it is probable the company will be able to use the losses carried forward