Maine Company reported a pretax operating loss of $150,000 forfinancial reporting and tax purposes in 2017. The enacted tax rateis 40% for 2017 and subsequent years. In 2015, Maine reportedtaxable income of $42,000 and paid $14,700 in income taxes; and in2016 Maine reported taxable income of $40,000 and paid $16,000 intaxes. Assume Maine requests a refund of taxes already paid byelecting a loss carryback. In addition, Maine expects to generatepositive operating profits and taxable income in the future. Theafter tax net loss reported by Maine on its year end December 31,2017 income statement is: A) $119,300 B) $150,000 C) $90,000 D)$92,100