Required information Problem 05-46 (LO 05-2) (Algo) [The following information applies to the questions displayed below.] WCC Corporation has a $170,000 net operating loss carryover to 2023 from a previous year. Assume that it reported $89,000 of taxable income in 2023 (before the net operating loss deduction) and $100,000 of taxable income in 2024 (before the net operating loss deduction). Note: Leave no answer blank. Enter zero if applicable. Problem 05-46 Part b (Algo) b. What is WCC's taxable income in 2023 and 2024 (after the net operating loss deduction), assuming the $170,000 NOL carryover originated in 2020 and WCC elected to forgo the NOL carry back option