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6 . Firm E operates in a jurisdiction that levies an income tax with the following rate structure: Rate Bracket 7 % Income from $
Firm E operates in a jurisdiction that levies an income tax with the following rate structure:
Rate Bracket
Income from $ to $
Income from $ to $
Income in excess of $
Firm E has the opportunity to invest in a business project that should generate $ of additional taxable income for the year. Compute the tax cost of this additional income assuming that:
a Firm Es taxable income before considering the additional income is $
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