In 2018,Appalachian Airlines Had Taxable Income of -$3,000,000

In 2018,Appalachian Airlines had taxable income of -$3,000,000.In 2019,the company has taxable income of $5,000,000 and its corporate tax rate is 25%. Assume that the company takes full advantage of the Tax Code's carry-forward provision.How much will the company pay in taxes in 2019?

A) $1,452,000
B) $500,000
C) $950,000
D) $1,600,000
E) $200,500