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(1) Suppose XYZ Inc.'s taxable income for the current year is $74,500. Calculate XYZ's tax liability. (2) Suppose XYZ Inc.'s taxable income for the current
(1) Suppose XYZ Inc.'s taxable income for the current year is $74,500. Calculate XYZ's tax liability. (2) Suppose XYZ Inc.'s taxable income for the current year is $30,000. Calculate XYZ's tax liability. (3) Suppose XYZ Inc.'s taxable income for the current year is $229,000. Calculate XYZ's tax liability. (4) Suppose XYZ Inc.'s taxable income for the current year is $14,780,500. Calculate XYZ's tax liability. (5) Suppose XYZ Inc.'s taxable income for the current year is $95,900,000. Calculate XYZ's tax liability.
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