17 Before paying employee bonuses and state and federal taxes, a company earns profits of $60,000. The company pays employees a bonus equal to 5% of after-tax profits.

State tax is 5% of profits (after bonuses are paid). Finally, federal tax is 40% of profits (after bonuses and state tax are paid). Determine a linear equation system to find the amounts paid in bonuses, state tax, and federal tax.