What amount of net operating loss will be available to


For the year ended December 31, Year 6, Taylor Corp. had a net operating loss of $200,000. Taxable income for the earlier years of corporate existence, computed without reference to the net operating loss, was as follows.

Taxable Income:
Year 1 $5,000
Year 2 10,000
Year 3 20,000
Year 4 30,000
Year 5 40,000

What amount of net operating loss will be available to Taylor for the year ended December 31, Year 7?

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