Net Operating Loss (NOL). (Obj. 1) Robin, a single taxpayer, has opened his own law office The following summarizes the items included in Robin's 2018 negative taxable income Compute Robin's NOL. Business income Dividends and interest Long-term capital gain (nonbusiness income) Total income $54,500 2,300 1,800 $58,600 $58,800 12,720 Business deductions Itemized deductions (includes a $400 theft loss) Total deductions (Negative) taxable income (71,520) ($12,920)