Dorris Johnson is starting a new business called Marmaduke Furniture Company (MFC). She has a lot of

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Dorris Johnson is starting a new business called Marmaduke Furniture Company (MFC). She has a lot of experience working at various furniture manufacturing companies and believes that her design and marketing experience will provide a solid foundation for the new company. Doris projects that MFC will have net income of $120,000 in its first year of operations before considering any payments to her. If things go as planned, her projections show that the business profit will approximately double each year for the next 3 years. Assume Ms. Johnson will have no income outside of this business. Also assume Doris can claim the qualified business income deduction on MCC's business income, if applicable. And Dorris conducted MFC as an S corporation and she receives an annual salary of $75,000. All other business income allocated to her is also distributed to her. Can you provide the tax calculation in a "table format" as S corporation. Determine Ms. Johnson's after-tax cash flows from the entity's business income and any compensation she receives from the business for each of the first 3 years ?