TRW Inc. began business in 2007 and was profitable for its first three years. In 2010, it

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TRW Inc. began business in 2007 and was profitable for its first three years. In 2010, it generated a $741,000 net operating loss. The following table shows TRW€™s taxable income before consideration of this NOL.
TRW Inc. began business in 2007 and was profitable for

Recompute TRW€™s taxable income for this eight-year period assuming that it didn€™t elect to give up the NOL carryback.

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