Question
Blue Tune Saloon had a gross income of $150,000 with $95,000 in expenses and $15,000 in depreciation charges. How much will the Saloon pay in
Blue Tune Saloon had a gross income of $150,000 with $95,000 in expenses and $15,000 in depreciation charges. How much will the Saloon pay in taxes? Do not put $ signs or a comma in answer. Use the Corporate Income Tax Rate Table in either edition.
Not over 50,000 - 15% - 15% over $0
50,000-75000 - 25% - 7,500+25% over $50,000
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Personal Finance Version 3.1
Authors: Rachel S. Siegel
3rd Edition
1453334807, 978-1453334805
