Question 4.8(10pts) A computer company announces the following data. In tax-year 1, gross income is $43,000,000, the company spent $3,000,000 in wages, $5,000,000 in marketing and depreciation expenses is $3,500,000. The company is liable for a loan with a principal payment of $300,000, and the loan's interest payment is $340,000. Corporate tax rate is 25%. (i) What is the taxable income of this company in tax-year 1? (ii) What is the amount of taxes to be paid for this company? (iii)) Determine the net income of the company in tax-year 1. A) (i) $31,200,000 (ii) $7,800,000 (iii) $23,400,000 B) (i) $30,860,000 (ii) $7,715,000 (iii) $23,145,000 C) (i) $31,160,000 (ii) $7,790,000 (iii) $23,370,000 D) Answers A, B and C are not correct