Write a system of two equations in two unknowns for each problem. Solve each system by substitution.
Corporate taxes. According to Bruce Harrell, CPA, the amount of federal income tax for a class C corporation is deductible on the Louisiana state tax return, and the amount of state income tax for a class C corporation is deductible on the federal tax return. So for a state tax rate of $5 \%$ and a federal tax rate of $30 \%,$ we have state tax $=0.05(\text { taxable income }-\text { federal tax })$ and federal tax $=0.30$ (taxable income - state tax). Find the amounts of state and federal income taxes for a class C corporation that has a taxable income of $\$ 100,000.$