Sinopia completed a corporate restructuring transaction with Cyan on May $31$ of the current year. Cyan distributed $30\%$ of Sinopia's stock to its shareholders in exchange for all of their stock in Cyan. At the completion of the reorganization, Cyan's assets were worth $$900,000,$ its liabilities were $$350,000,$ and it held an NOL carryover of $$207,674.$ The applicable Federal long$-$term tax$-$exempt rate is $3\%,$ and Sinopia is in the $25\%$ Federal income tax bracket. Sinopia earns a $6\%$ after$-$tax rate of return.

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Assume a $365-$day year. Round any division to four decimal places and use in subsequent computations. If required, your final answers round to the nearest dollar.

a$.$ What is the amount of NOL that Sinopia can use in the current year?

$fill in the blank $1$

b$.$ Compute the yearly tax benefit of the NOL $fill in the blank $2$

$4,125$

c$.$ What is the net present value of the NOL carried forward to future years?

$fill in the blank $3$