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Income Taxes (Tables)
7 Months Ended
Dec. 31, 2019
Income Tax Disclosure [Abstract]  
Schedule of Effective Tax Rate Reconciliation

A reconciliation of the statutory federal income tax expense to the income tax expense from continuing operations provided at December 31, 2019 as follows:    

 

 

Year Ended

 

 

 

December 31,

 

 

 

2019

 

Income tax expense at the federal statutory rate

 

$

 

(8,191

)

State income taxes - net of federal income tax benefits

 

 

 

(1,426

)

Change in valuation allowance

 

 

 

9,617

 

Total income tax expense (benefit)

 

$

 

-

 

Summary of Components of Deferred Tax Asset

Components of the Company’s deferred tax asset at December 31, 2019 are as follows:

 

Net operating loss

 

 

9,617

 

Valuation allowance

 

 

(9,617

)