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Bonus Obligation Raymond Moss, vice president of Moss Auto Parts, gets an annual bonus of 10% of any income before deducting bons and income above

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Bonus Obligation Raymond Moss, vice president of Moss Auto Parts, gets an annual bonus of 10% of any income before deducting bons and income above $100,000. Income before and income is $257,000. The effective income tax rate is 259 Required: 1. Compute the amount of Raymond Moss's bonus Bonus 2. Compute the income tax expense. Tricome tax expense

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