Nickerson Corporation began operations in 2007. There have been no permanent or temporary differences to account for since the inception of the business. The following data are available: Year 2009 2010 2011 2012 Enacted Tax Rate 45% 40% 35% 30% Taxable Income $750,000 900,000 Taxes Paid $337,500 360,000 In 2011, Nickerson had an operating loss of $930,000. What amount of income tax benefits should be reported on the 2011 income statement due to this loss? A) $409,500 B) $373,500 C) $372,000 D) $279,000