Lol Income Taces Cumulative

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Handout 1 — LOL Draft Income Statement and Excerpt From Tax Footnote as of December 31, 2010 |LOL Corporation | |CONSOLIDATED STATEMENT OF OPERATIONS | |Years ended December 31, 2010, 2009, and 2008 | |(in thousands) | | |2010 |2009 |2008 | |…show more content…
|- | | | | | | | | | |Net deferred tax asset (liability) | | | ???? | 60,000 | | | | | | | | | | | | | | | | | At December 31, 2010, LOL had $270 million of net operating loss carryforwards. Of these,

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