Question Help o Caesar Corporation reported income before taxes of $220,000 for the years 2016, 2017, and 2018. In 2019 they experienced a loss of $220,000. The company had a tax rate of 35% in 2016 and 2017, and a rate of 45% in 2018 and 2019. Assuming Caesar uses the carryback provisions for the net operating loss, by what amount will the income tax benefit reduce the net loss in 2019? O A. $77,000 B. $220,000 OC. $88,000 i Instructor Tip 1 - X OD. $99,000 Be careful - note that the tax rate for the first two years is different from the last two years. In: Close Close $ $ Click to select your answer. show work