Question: Question 11 (2 points) Saved Mega, Inc., a U.S. multinational paid foreign taxes and had the following FTC limits in the respective years 2019 2020

Question 11 (2 points) Saved Mega, Inc., a U.S. multinational paid foreign taxes and had the following FTC limits in the respective years 2019 2020 2021 Foreign Taxes Paid 227,000.00 256,000.00 273,000.00 FTC Limit 237,000.00 281,000.00 215,000.00 Calculate the refund generated by the carryback of 2021 excess credit. 0 $35,000 There is no refund $58,000 O $25,000

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