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Cedar Corporation reported a $25,000,000 net operating loss in 2021. It also has a $100,000...

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Accounting

Cedar Corporation reported a $25,000,000 net operating loss in 2021. It also has a $100,000 NOL carryover from 2017. In 2022, Cedar reported taxable income before any NOL carryovers of $20,000,000. What is Cedars taxable income in 2022 after the NOL deduction and what is its NOL carryover, if any, to 2023

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