Sandhill, Inc. reported a taxable and financial loss of $$3050000$ for $2026.$ Its pretax financial income for the last two years was as follows:

$\{\begin{array}{cc}\text{:}[2024,& \text{\$}1100000]\\ 2025\end{array},1600000$

The amount that Sandhill reports as a net loss for financial reporting purposes in $2026,$ assuming that it uses the carryback provisions, and that the tax rate is $20\%$ for all periods affected, is

$$3050000.$

$$0.$

$$610000.$

$$2440000.$