Blossom Corporation began operations in 2016. There have been no permanent or temporary differences to account for since the inception of the business. The following data are available:

YearEnacted Tax RateTaxable IncomeTaxes Paid2016

45%

$1350000

$607500

2017

40%

1750000

700000

2018

35%

2019

30%

In 2018, Blossom had an operating loss of $1830000. What amount of income tax benefits should be reported on the 2018 income statement due to this loss assuming that it uses the carryback provision?

$799500

$677500

$732000

$549000