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Suppose your firm had the following taxable income amounts: 2015 ($5 million) operating loss 2016 $2 million 2017 $2 million 2018 $2 million After you

Suppose your firm had the following taxable income amounts: 2015 ($5 million) operating loss 2016 $2 million 2017 $2 million 2018 $2 million After you "carry forward" the operating loss, what is the effective taxable income for 2017?

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