Ivanhoe Corporation has pretax financial income (or loss) from 2015 through 2021 as follows. Income (Loss) Tax Rate 2015 $49,920 25 % 2016 (72,800 ) 2017 93,600 2018 31,200 222 20 % 20 % 20 % 2019 109,200 20 % 2020 (62,400 ) 25 % 2021 134,800 25 % Pretax financial income (loss) and taxable income (loss) were the same for all years since Ivanhoe has been in business. In recording the benefits of a loss carryforward, assume that it is more likely than not that the related benefits will be realized. Account Titles and Explanation Debit Deferred Tax Asset Income Tax Expense List of Accounts 14560 Credit 14560 Attempts: 1 of 7 used Indicate what the income tax expense portion of the income statement for 2016 should look like. Assume all income (loss) relates to continuing operations. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Ivanhoe Corporation Income Statement (Partial) For the Year Ended December 31, 2016 Income Tax Benefit Income Tax Benefit Due to Loss Carryback Deferred Net Income (Loss) A