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1115COLO CLIELU . Corporate Income Taxes: Concept Connection Example 2-6 (page 55) 26. Calculate the corporate tax on earnings before tax (EBT) of the following

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1115COLO CLIELU . Corporate Income Taxes: Concept Connection Example 2-6 (page 55) 26. Calculate the corporate tax on earnings before tax (EBT) of the following amounts: a. $37,000 b. $57,000 c. $88,500 d. $110,000 e. $5,375,000 f. $14,000,000 g. $17,350,000 h. $23,500,000 5 Corporate Income Tax Schedule Rate (%) 15 Income ($) 0-50,000 50,00075,000 75,000-100,000 100,000-335,000 335,000-10,000,000 10,000,000-15,000,000 15,000,00018,333,333 Over 18,333,333 39 34

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