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13. Fores Insurance Company had the following operating results: 2016 taxable income is 60,000 and tax rate is 35%. 2017 taxable income is 85,000 and tax rate is 40%.T 2018 Net operating loss is (195,000) and tax rate is 45%. What is the income tax refund receivable (Fores elected to carry back its operating loss)? A. $35,000 B. $33,250 C. None is correct D. $55,000 E. $38,000