Expert$-$International$-$Transfer$-$Pricing Inc. operates in three $(3)$ countries. In Country X$,$ it has its manufacturing facilities and retail outlets. In contrast, Country Y and Country Z only has retail outlets and receives its products from the plant in Country A$.$ the following information was provided by Management:

Price of widgets $($both countries$)$: $$60$

Cost of widgets $($manufacturing costs$)$: $$25$

Price of widgets sold to Country Y & Z: $$45$

Item Country X Country Y Country Z

No$.$ of units of widgets produced $110,000$

No$.$ of widgets sold $20,00060,00030,000$

Operating expenses $200,200110,00090,000$

Corporate tax rates $45\%40\%20\%$

Calculate the combined corporate taxes paid and hence the Net Income.

A consultant was called in to examine the company$$s finances. She recommended that the transfer price of the widgets to Country Y and Country Z should be changed to $$30.$ In addition, due to the product$$s inelasticity in Country Y the price should be increased to $$65.$ No falloff in sales is expected in Country Y$.$ Recalculate the combined corporate taxes and hence Net Income for this new scenario and advise the management of Expert$-$International$-$Transfer$-$Pricing Inc.