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Assume that Western Exploration Corporation is considering the acquisition of Ogden Drilling Company. The latter has a $630,000 tax loss carry forward. Projected earnings for the Western Exploration Corporation are as follows:

a. How much will the total taxes of Western Exploration Corporation be reduced as a result of the tax loss carry forward? Note: Do not round intermediate calculations and round your answer to the nearest whole dollar.

Reduction in taxes =

b. How much will the total income available to stockholders be for the three years if the acquisition occurs? Note: Do not round intermediate calculations and round your answers to the nearest whole dollar.