Problem 19-5 Waterway Inc. reported the following pretax income (loss) and related tax rates during the years 2013- 2019. Pretax Income (loss) Tax Rate 30 % 30 % 30 % 40% 45 % 40 % 35% 2013 2014 2015 2016 $39,000 22,700 49,900 74,800 (181,900) 68,600 96,500 2017 2018 2019 Pretax financial income (loss) and taxable income (loss) were the same for all years since Waterway began business. The tax rates from 2016-2019 were enacted in 2016