ABC Company was founded in 20X1 and had the following taxable income through 20X6: 20X1 20X2 20X3 20X4 20X5 20X6 $3.5M $6.5M $7.8M -$17.6M $2.3M 5.4M Compute the corporate income tax or tax refund in each year, assuming the graduated tax rates listed below. At least But less than Tax Rate (%) Tax Calculation 0.00 50,000.00 15 .15 x (income over $0) 50,000.00 75,000.00 25 7,500 + 0.25 x (income over 50,000) 75,000.00 100,000.00 34 13,750 + 0.34 x (income over 75,000) 100,000.00 335,000.00 39 22,250 + 0.39 x (income over 100,000) 335,000.00 10,000,000.00 34 113900 + 0.34 x (income over 335,000) 10,000,000.00 15,000,000.00 35 3,400,000 + 0.35 x(income over 10,000,000) 15,000,000.00 18,333,333.00 38 5,150,000 + 0.38 x (income over 15,000,000) 18,333,333.00 0.00 35 6,416,667 + 0.35 x (income over 18,333,333)