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XYZ had a net operating loss of $800,000 in 2018. XYZ had taxable income ( before any NOL deduction) of $200,000 in 2019 and $700,000

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XYZ had a net operating loss of $800,000 in 2018. XYZ had taxable income ( before any NOL deduction) of $200,000 in 2019 and $700,000 in 2020. What is XYZs taxable income after its NOL deduction in 2019 and 2020. For purposes of this question ignore the provisions in the CARES Act OA $200,000 in 2019 and 5700,000 in 2020. OB. $0 in 2019 and $100,000 in 2020, OC. $40,000 in 2010 and $140,000 in 2020 OD $40.000 in 2010 and $60,000 in 2020

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