Jamaica Rice Co. Ltd. is a company incorporated in Jamaica for the purpose of producing and...

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Jamaica Rice Co. Ltd. is a company incorporated in Jamaica for the purpose of producing and distributing rice on the Jamaican Market. You have been provided with the following information: $ 25,488,800 Losses for the year 2021 Losses for the year 2022 57,894; 200 Profits for the year 2023 48,652,300 48 652 Required: 1. Calculate the tax liability for 2023 using the information given above 2. Calculate the tax liability if the profits for 2014 is $185,500,000 3. Calculate the liability using profits as stated in (b) above to calculate the tax liability if the company is entitled to an ETC of $25,000,000 Jamaica Rice Co. Ltd. is a company incorporated in Jamaica for the purpose of producing and distributing rice on the Jamaican Market. You have been provided with the following information: $ 25,488,800 Losses for the year 2021 Losses for the year 2022 57,894; 200 Profits for the year 2023 48,652,300 48 652 Required: 1. Calculate the tax liability for 2023 using the information given above 2. Calculate the tax liability if the profits for 2014 is $185,500,000 3. Calculate the liability using profits as stated in (b) above to calculate the tax liability if the company is entitled to an ETC of $25,000,000