Question: For the year ended December 31, 2010, Haya Corp. had gross business income of $600,000 and expenses of $800,000. Contributions of $5,000 to qualified charities

For the year ended December 31, 2010, Haya Corp. had gross business income of $600,000 and expenses of

$800,000. Contributions of $5,000 to qualified charities were included in expenses. In addition to the expenses, Haya had a net operating loss carryover of $9,000. What was Haya’s net operating loss for 2010?

a. $209,000

b. $204,000

c. $200,000

d. $195,000

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