A company wants to set up operations in a country with the following corporate tax rate structure: Taxable Income $100,000 34% 39% Therefore, a taxable income of $60,000 would result in taxes due of $50,000 0.15 + ($60,000-$50,000)*0.25 = $50,000 0.15 + $10,000*0.25 If the compay expects gross revenues of $300,000, $200,000 in total costs. $20,000 in allowable tax deductions and = $10,000 $15,000 in a one-time business start-up credit, how much should the company expect to pay in taxes? $80,000 O $371 O $450 O $15,450