Collins Co. began operations in 2011. The company lost money the first two years, but has been profitable ever since The company's tsxable income (EBT) for its first four years is summarizod below EBT 2011 -$3,000,000 2012 -5200,000 2013 S4200,000 2014 $8,300,000 The corporate tax rate has remained at 34%. Assurne chat the company has taken full advantage ofthe Tax Codes earry back eary nud proien, a d as me dat de amat provisions were applicable in 2011. What is Collins' tax liability for 20147 Oa $1,069,848 b.$1,320,800 Oa $1,617,200 Od. $1,462,000 Oe $1,188,720