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please slove this question step by step 4. The Castle Cork Company was founded in 20X1 and had the following taxable income through 20X5: 20X1

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4. The Castle Cork Company was founded in 20X1 and had the following taxable income through 20X5: 20X1 20X2 20X3 20X4 20X5 $0 $35,000 $68,000 -$120,000 $52,000 Compute the corporate income tax or tax refund in each year, assuming the graduated tax rates discussed in the chapter

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