TRW Inc. began business in 2018 and incurred net operating losses for its first two years. In 2020, it became profitable. The following table shows TRW's taxable income before consideration of these NOLS. 2018 2019 2020 2021 2022 2023 2024 2025 Taxable income $ (420,000) $ (358,000) $81,000 $41,000 $210,000 $298,000 $387,000 $905,000 Recompute TRW's taxable income for 2020 through 2025 after its allowable net operating loss deduction. 2020 2021202220232024 S 81,000 41,000 S 210,000 S 298,000 S 387,000S 905,000 2025 Tax. income before NOL deduction NOL deduction Taxable income