OLO 6-7, 9 6-8, 06-9 37. TRW Inc. began business in 2020 and incurred net operating losses for its first two years. In 2022, it became profitable. The following table shows TRW's taxable income before consideration of these NOLS: 2020 2021 2022 2023 2024 2025 2026 2027 Taxable $(420,000) $(358,000) $81,000 $41,000 $210,000 $298,000 $387,000 $905,000 income Recompute TRW's taxable income for 2022 through 2027 after its allowable net operating loss deduction