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Mask Corporation generated a net operating loss of $24,000 in 2019 and taxable income of $10,000 in 2020. How much NOL can Mask use in

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Mask Corporation generated a net operating loss of $24,000 in 2019 and taxable income of $10,000 in 2020. How much NOL can Mask use in 2020 to reduce taxable income? a. $19,200 b. $24,000 C. $8,000 d. $10,000

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