The following information for LAS Corporation is available:

Year Taxable Income Tax Rate Income taxes Paid

$20$x$1$ $$30,00035\%$ $$10,500$

$20$x$2$ $$90,00038\%$ $$34,200$

$20$x$3$ $$85,00038\%$ $$32,300$

$20$x$4$ $$(125,000)40\%-$

LAS applies its tax losses sequentially, that is$,$ tax losses are carried back as far as possible. The taxes recovered for the year ended $20$x$4$ amounted to:

Question $14$ options:

$$46,600.$

$$0.$

$$52,660.$

$$43,750.$