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Garner Grocers began operations in 2012. Garner has reported the following levels of taxable income (EBT) over the past several years. The corporate tax rate

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Garner Grocers began operations in 2012. Garner has reported the following levels of taxable income (EBT) over the past several years. The corporate tax rate was 34% each year. Assume that the company has taken full advantage of the Tax Code's carry-back, carry-forward provisions, and assume that the current provisions were applicable in 2012. What is the amount of taxes the company paid in 2015? Year 2012 2013 2014 2015 Taxable Income -$1,500,000 $200,000 $500,000 $2,800,000 a. $680,000 b. S584,800 c. $612,000 d. 8646,000 e. $782,000

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