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10) The Kelso Company had the following operating results: Year 2016 2017 2018 Income (loss) 30,000 45,000 (60,000) Tax rate 35% 3090 30% Income tax

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10) The Kelso Company had the following operating results: Year 2016 2017 2018 Income (loss) 30,000 45,000 (60,000) Tax rate 35% 3090 30% Income tax 10,500 13,500 first year of operations What is the amount of income tax refund receivable for 2018

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