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Zeno Inc. sold two capital assets in 2019. The first sale resulted in a $53,000 capital loss, and the second sale resulted in a $25,600

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Zeno Inc. sold two capital assets in 2019. The first sale resulted in a $53,000 capital loss, and the second sale resulted in a $25,600 capital gain. Zeno was incorporated in 2015, and its tax records provide the following information: 2015 2016 $509,700 Ordinary income Net capital gain Taxable income 22,000 $465,000 2017 $810,300 4,120 $814,420 2018 $921,000 13,600 $934,600 $509,700 a. Compute Zeno's tax refund from the carryback of its 2019 nondeductible capital loss. Assume Zeno's marginal tax rate was 34 percent in 2015 through 2017, and 21 percent in 2018. b. Compute Zeno's capital loss carryforward into 2020. Complete this question by entering your answers in the tabs below. Required A Required B Compute Zeno's tax refund from the carryback of its 2019 nondeductible capital loss. Assume Zeno's marginal tax rate was 34 percent in 2015 through 2017, and 21 percent in 2018. (Round your final answer to the nearest whole dollar amount.) Tax refund Required A Required B >

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