5 Problem 03-06 (Static) [LO 3-2] Business J operates in a jurisdiction that levies an income tax with the following rate structure. 15 points 8024438 Book Ask Pict References Percentage Rate 7% Bracket Income from -0- to $75,000 10 15 Incone from $75,001 to $150,000 Income in excess of $150,000 Business J has the opportunity to invest in a project that should generate $35,000 additional taxable income for the year. Required: a. Compute the tax cost of the additional income assuming that business J's taxable income before considering the additional income is $92,000, b. Compute the tax cost of the additional income assuming that business J's taxable income before considering the additional income is $400,000. c. Compute the tax cost of the additional income assuming that business J has a $16,000 loss before considering the additional income. Complete this question by entering your answers in the tabs below. Required A Required B Required C Compute the tax cost of the additional income assuming that business 3's taxable income before considering the additional Income is $92,000. Tescost Required B >