Astor Clinic is a for-profit healthcare provider. Astor recorded $200,000 in profits and $60,000 in expenses before taxes for the year 2014. Astors tax rate is 40%. Calculate each of the following and place your answers on the lines below. Show your work!

1. How much income taxes do Astor have to pay for 2014?
2. What is Astors Before-Tax Net Income for 2014?
3. What is Astors After-Tax Net Income for 2014?

A)___________________

B)___________________

C)___________________