Rodd Co. reports a taxable and pretax financial loss of $800,000 for 2015. Rodd's taxable and pretax financial income and tax rates for the last two years were:

2013................$800,000...........30%

2014..................800,000...........35%

The amount that Rodd should report as an income tax refund receivable in 2015, assuming that it uses the carry back provisions and that the tax rate is 40% in 2015,