Exercise $16-25($Static$)$ Net operating loss carryback; financial statement effects $[$LO$16-7]$

Wynn Farms reported a net operating loss of $$100,000$ for financial reporting and tax purposes in $2024.$ The enacted tax rate is $25\%.$ Taxable income, tax rates, and income taxes paid in Wynn$\text{'}$s first four years of operation were as follows:

$\backslash$table$[[,\backslash$table$[[$Taxable$],[$Income$]],\backslash$table$[[$Tax$],[$Rates$]],\backslash$table$[[$Income Taxes$],[$Paid$]]],[2020,$$$60,000,15\%,$$$9,000$