One multiple choice question

Tanner, Inc. incurred a financial and taxable loss for 2017. Tanner therefore decided to use the carryback provisions as it had been profitable up to this year. How should the amounts related to the carryback be reported in the 2017 financial statements? Select one: a. The reduction of the loss should be reported as a prior period adjustment. b. The refund claimed should be reported as a deferred charge and amortized over five years. c. The refund claimed should be reported as an asset in the current year. O d. The refund claimed should be shown as a reduction of the loss in 2017 income statement e. both c and d f. a, c, and d