Create an Excel spreadsheet that will compute the income taxes payable in 2022 and 2023 by Catherine and Cat Co. Compute the total taxes payable under options 1, 2, and 3. Based on your findings, what do you recommend to Catherine? 2022 Tax Rate Schedule X - 10,275.00 - 10% - 10,275 41,775.00 1,027.50 12% - 41,775 89,075.00 4,807.50 22% - 89,075 170,050.00 15,213.50 24% 17,835.50 170,050 215,950.00 34,647.50 32% - 215,950 539,900.00 49,335.50 35% - 539,900 162,718.00 37% - Taxable income 100,000.00 Income tax 17,835.50 2023 Tax Rate Schedule X - 11,000.00 - 10% - 11,000 44,725.00 1,100.00 12% - 44,725 95,375.00 5,147.00 22% - 95,375 182,100.00 16,290.00 24% 17,400.00 182,100 231,250.00 37,104.00 32% - 231,250 578,125.00 52,832.00 35% - 578,125 174,238.25 37% - Taxable income 100,000.00 Income tax 17,400.00