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Oak Corporation holds the following general business credit carryovers: The general business credit generated by activities during 2023 equals $55,200 and the total credit allowed

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Oak Corporation holds the following general business credit carryovers: The general business credit generated by activities during 2023 equals $55,200 and the total credit allowed during the current year is $96,000 (based on tax liability). a. Enter the amount (if any) of each year's carryover utilized in 2023. b. What is the amount of the unused credits carried forward to 2024? Oak Corporation holds the following general business credit carryovers: The general business credit generated by activities during 2023 equals $55,200 and the total credit allowed during the current year is $96,000 (based on tax liability). a. Enter the amount (if any) of each year's carryover utilized in 2023. b. What is the amount of the unused credits carried forward to 2024

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