QUESTION 3 Easterling Associates was incorporated in 2019 and had taxable income (or loss) through 2024 as follows. Assume the tax rate is 35% for the old tax laws. Assume the new corporate tax rate it under the TCJA Which of the following is most CORRECI? Taxable income 2019 $8,000 2020 ($12,000) 2021 $15,000 2022 (513,000) 2023 $6,000 2024 $10,000 O a Under TCJA, total tax equals S2,940. b. Under the old tax laws, total tax credits equal $6,000. Under TCJA, S200 loss is able to be carried forward past 2024 Under TCJA, $3,000 loss is able to be carried forward past 2024 od e. Under the old tax laws, total tax equals $3,900