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Grouper Inc, reported a taxable and accounting loss of $132800 for 2023 . Its pre-tax accounting income for the preceding two years was as follows:

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Grouper Inc, reported a taxable and accounting loss of $132800 for 2023 . Its pre-tax accounting income for the preceding two years was as follows: Assuming that management wants to use the losses to carryback and recover previous income taxes paid, how much will Grouper receive as a refund based on a 25% tax rate for all years involved? $33200 $35700 $132800 $20350

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