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  3. big box inc. reported a net operating loss of ($ 1

Big Box Inc. reported a net operating loss of ($ 150) for the year ended...

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Accounting

Big Box Inc. reported a net operating loss of ($ 150) for the year ended 12/31/2018. Their business had a bit of a turnaround in 2019 and they had a profitable year. As the accountants worked through year-end, they calculated Big Box had taxable income of $100. They companys corporate tax rate is 30%. Based on this information, what is Big Boxs taxes payable for 2019?

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