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The Bookbinder Company had $ 5 7 0 , 0 0 0 cumulative operating losses prior to the beginning of last year. It had $

The Bookbinder Company had $570,000 cumulative operating losses prior to the beginning of last year. It had $120,000 in pre-tax earnings last year before using the past operating losses and has $360,000 in the current year before using any past operating losses. It projects $430,000 pre-tax earnings next year. Enter your answers as positive values. If an amount is zero, enter "0". Round your answers to the nearest dollar.

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