Blossom Corporation began operations in 2019. There have been no permanent or temporary differences to account for since the inception of the business. The following data are available: Enacted Tax Taxable Year Taxes Paid Ratel Income 2019 35% $2500000 $875000 2020 30% 2900000 870000 2021 25% 2022 20% In 2021, Blossom had an operating loss of $2980000. What amount of income tax benefits should be reported on the 2021 income statement due to this loss assuming that it uses the carryback provision? O $596000 O $962000 O $894000 O $1019000