+ Ch 19: End-of-Chapter Practice Question 35 of 51 - / 1 View Policies Current Attempt in Progress Sheridan Co. reported the following pretax financialincome (loss) for the years 2015-2019. 2015 2016 2017 $323,000 463.000 224,000 (734,000) 239.000 2018 2019 Pretax financial income (loss) and taxable income (loss) were the same for all years involved. The enacted tax rate was 34% for 2015 and 2016, and 40% for 2017-2019. Assume the carryback provision is used first for net operating losses. (a)