Return to question Item 4 Item 4 9.09 points Item Skipped Company K operates in a jurisdiction that levies an income tax with the following rate structure: Percentage Rate Bracket 7% Income from 0 to $75,000 10 Income from $75,001 to $150,000 15 Income in excess of $150,000 Company K incurs a $22,000 deductible expense. Compute the current year tax savings from the deduction assuming that Company Ks taxable income before considering the additional deduction is $65,000. Compute the current year tax savings from the deduction assuming that Company Ks taxable income before considering the additional deduction is $168,000. Compute the current year tax savings from the deduction assuming that Company K has a $4,000 loss before considering the additional deduction.