The following taxable income data is available for ACME Incorporated: Year Taxable Income Tax Rate 2015 $ 350,000 25% 2016 $ 300,000 26% 2017 S 200,000 27% 2018 $ 100,000 28% 2019 S (50,000) 29% 2020 S 150,000 30% At its December 31, 2021 year end, ACME reported a taxable loss of $330,000. Assume that ACME reports under ASPE using the future income taxes method, and that management believes it is more likely than not that the company will be able to utilize all tax loss carryforward balances. The tax rate enacted for the current and future years is 29%. Required: Round interim calculations to four decimals and final answers to the nearest dollar. Based on the above information, prepare a partial statement of income for ACME beginning with income before tax. (6 marks)