Mako and Snufco Corporations are affiliated and have filed consolidated returns for the first time in 2019. Mako acquired 100% of Zebco stock on January 1 of 2019, the date of Zebco's formation. Mako, Snufco, and Zebco, report the following taxable incomes for 2018 and 2019. 
How much of the 2018 Zebco NOL be used to offset CTI in 2019?
Definitions:
Upper Mississippi
Refers to the portion of the Mississippi River that flows from its headwaters to the confluence with the Missouri River.
Hard Rocks
Earth materials, such as granite and basalt, that are solid, tough, and resistant to weathering and erosion.
Ice Sheets
Large masses of glacial ice and snow that cover vast areas of land, such as those found in Antarctica and Greenland.
Rivers Flow
The movement of water in a natural stream or river channel, often towards an ocean, sea, lake, or another river.
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