The following information for LAS Corporation is available: 
LAS applies its tax losses sequentially,that is,tax losses are carried back as far as possible.The taxes recovered for the year ended 2014 amounted to:
Definitions:
Existing State
The current condition or situation of a system, organization, or any defined set of circumstances.
Desired State
A concept referring to the ideal conditions or objectives an individual, group, or organization aims to achieve.
Phoenix Payroll System
A specific payroll processing software used by the Canadian government, noted for its significant implementation problems.
Structured Problem
A problem with clear, definable solutions and methodologies for solving, often with specific desired outcomes.
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