Chapter 18 question three

The federal corporate income tax rate is 35 percent and firms may carry-back losses for two years and carry-forward losses foe 20 years. The carry-bac must occur before carry-forward. A corporation breaks even in year 1, earns $34,000 in year 2 , but operates at a loss of $95,000 in year 3 . th earns: $75,000 in year 4 , breaks even in year $, and earns $37,000 in year 6 . What are the taxes paid or refunded in each year? Enter your answers as positive values, If the answer is zero, enter " 0 ". Round your answers to the nearest dollar