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please Saucy Inc. reported a taxable and accounting loss of $130,000 for 2017. Its pre-tax accounting income for the last two years was as follows:

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Saucy Inc. reported a taxable and accounting loss of $130,000 for 2017. Its pre-tax accounting income for the last two years was as follows: 2015 $60,000 2016 $80,000 Calculate the amount that Saucy reports as a net loss for financial reporting purposes in 2017, assuming that it uses the carryback provisions, and that the tax rate is 25% for all years involved. Hint: Its net loss will be less than $130,000 because of the carryback

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