applicable in Centervale is as follows: Up to $50,00015 percent From $50,001 through

Microtech Software Corporation (MSC) was founded in 2001. The founder, Chan Li, studied at MIT and worked for a large software corporation before returning to his hometown, Centervale, to set up his own company. The corporate tax rate structure applicable in Centervale is as follows: Up to $50,00015 percent  From $50,001 through $150,00022 percent  Income in excess of $150,00030 percent MSC has an opportunity to invest in a project that is expected to generate an additional $55,000 of taxable income. Compute the tax cost of this additional income for the following three scenarios: Show all the steps of the calculation and the final answer for each scenario. Compare the results for the three scenarios and comment on any differences. Write a one- to two-page paper in MS Word format. Apply APA standards for writing style to your work. Purchase the answer to view it Purchase the answer to view it Purchase the answer to view it