Rodd Co. reported a taxable and pretax financial loss of $600,000 for 2017. Rodd's taxable and pretax financial income and tax rates for 2015 and 2016 were: $600,000 2015 30% $600,000 35% 2016 The amount that Rodd should have reported as an income tax refund receivable in 2016, assuming that it used the carryback provisions and that the tax rate was 40% in 2017, is $180,000 $210,000 40,000 $270,000