MWC Corp. is currently in the sixth year of its existence (2019). In 2014–2018, it reported the following income and (losses) (before net operating loss carryovers or carrybacks).

What is MWC's 2019 taxable income after the NOL deduction? What is its 2019 book–tax difference associated with its NOL? Is it favorable or unfavorable? Is it permanent or temporary?

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2014 $(70,000) 2015 (30,000) 2016 60,000 2017 140,000 2018 (25,000) 2019 300,000