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WCC Corporation has a $ 1 8 0 , 0 0 0 net operating loss carryover to 2 0 2 3 from a previous year.

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WCC Corporation has a $180,000 net operating loss carryover to 2023 from a previous year. Assume that it reported $91,000 of
taxable income in 2023(before the net operating loss deduction) and $110,000 of taxable income in 2024(before the net operating
loss deduction).
Required:
b. What is WCC's taxable income in 2023 and 2023(after the net operating loss deduction), assuming the $180,000 NOL carryover
originated in 2022?
c. Assuming the $180,000 NOL carryover originated in 2022, what is WCC's book-tax difference associated with the NOL in 2023 and
in 2024? Is it permanent or temporary?
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