Question 10 A corporation's capital losses can be carried back three years and, if any loss still remains, it may be carried forward Not yet answered Marked out of Select one: a. 5 year 1.00 b. P Flag question 3 year 1 year C. 7 year Question 15 Rogue Industries reported the following items for the current year: Sales = $3,000,000; Cost of Goods Not yet answered Marked out of 1.00 Sold = $1,500,000; Depreciation Expense = $170,000; Administrative Expenses = $150,000; Interest Expense = $30,000; Marketing Expenses $80,000; and Taxes $300,000. Rogue's operating income is equal to P Flag question Select one: a. $770,000 b. $1,500,000. C. $1,100,000 d. $1,070,000