Hello: The Brown Truck Company has the following income schedule:

Hello: I need help with the following homework problem thank you!

3. The Brown Truck Company has the following income schedule:

2000       (50,000)

2001       30,000

2002       20,000

2003       100,000

2004       30,000

2005       (130,000)

Using the carry forward, carry back method; calculate the corporation’s tax liability for each year and its income tax credit?