Fleming Inc. is a C Corporation that files it return using a fiscal year. For the return for the fiscal year ending on April 30, 2018 what corporate tax rate applies to fleming income?

The progressive tax rates, including a potential 3% or 5% surtax, in effect prior to the passage of the TCJA,. Fleming will transition to the flat rate of 21% with the first return it files for a fiscal year beginning on or after January 1, 2018

A flat rate of 21% on all its income because the return is for a tax yearending in 2018. No surtaxes will apply

A blended tax rate that applies the progressive rate to all income attributable to calendar year 2017 an applies a flat rate of 21% to all income attributable to calendar year 2018. Surtaxes may apply only to the 2017 portion of the income

A flat rate of 21% on all income , however, surtax of 5% or 3% may apply if Fleming taxable income places it in the appropriate range