The Wyatt Company reports the following for both pretax financial and taxable income: Enacted Year Income (Loss) Tax Rates 2016 $ 40,000 30% 2017 60,000 35% 2018 80,000 30% 2019 (200,000) 30% Wyatt uses the carryback provision for net operating losses when possible. Congress has enacted a tax rate for 2020 and future years of 40%. The entry on December 31, 2019, to record income tax expense would include a:

a) debit to Income Tax Refund Receivable for $45,000

b) debit to Income Tax Refund Receivable for $24,000

c) credit to Income Tax Benefit from Operating Losses for $45,000

d) credit to Income Tax Expense for $45,000