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Over the last five years, corporation A has been consistently profitable. Its earnings before taxes were as follows: Year 1 2 3 4 5 Earnings

Over the last five years, corporation A has been consistently profitable. Its earnings before taxes were as follows:


Year12345
Earnings$1,300$3,100$4,000$5,300$4,500


If the corporate tax rate was 29 percent, what were the firm's income taxes for each year? Round your answers to the nearest dollar.


Year12345
Taxes$$$$$


Unfortunately, in year 6 the firm experienced a major decline in sales, which resulted in a loss of $11,900. What impact will the loss have on the firm's taxes for each year if the permitted carry-back is two years? If the answer is zero, enter "0". Round your answers to the nearest dollar.


Year12345
New Taxes$$$$$


Total tax refund: $

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