Damon, Inc. began operations in 2017. It had the following gains and losses each year:
	2017	2018	2019
Long-term capital gain	50,000.00	10,000.00	3,000.00
Short-term capital gain	-	46,000.00	1,000.00
Long-term capital loss	(10,000.00)	(17,000.00)	(17,000.00)
Short-term capital loss	(14,000.00)	(5,000.00)	(20,000.00)
Taxable income prior to above gains and losses	340,000.00	400,000.00	100,000.00
Assume for the following questions that the 2019 tax rules applied every year:
1. What is taxable income for 2017?
2. What is taxable income for 2018?
3. What is taxable income for 2019?
4. Can Damon claim a refund from any of the years? If so, provide the total amount of the refund. Assume a 21% tax rate for each year.