Zeno Inc. sold two capital assets in 2020. 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 2016, and its tax records provide the following information:

2016 2017 2018 2019

Ordinary income $443,000 $509,700 $810,300 $921,000

Net capital gain 22,000 0 4,120 13,600

Taxable income $465,000 $509,700 $814,420 $934,600

Required: Compute Zenos tax refund from the carryback of its 2020 nondeductible capital loss. Assume Zenos marginal tax rate was 34 percent in 2016 and 2017, and 21 percent in 2018 and 2019.