Scenario $1$: Johnson Towing purchased a new tugboat $($tugs$)$ in $2017$ for $$250000.$ The company also paid $$12,450$ in delivery expenses before the tug boat was put into service on May $5,2017.$ Assume the tugboat uses accelerated depreciation.

The tugboat has a depreciable life of $10$ years and a basis of $$262450$

$1$A$.$ For year $2017,$ assume revenue was $$2,735,596$ and operating expenses were $$1,209,885,$ excluding depreciation and capital expenditures. What is the company's taxable income for year $2017?$

$1$B$.$ For year $2018,$ assume revenue was $$3,608,697,$ operating expenses were $$1,573,572,$ and depreciation was $$50,000.$ Calculate the net cash flow for year $2018.$ Make sure to use the corporate tax schedule for $2016.$