calculate the tax liability for $400,00 of taxable income

FINC 3100: Tax Worksheet Pg. 1 of 1 Problem A. Worksheet Calculate the tax liability for S 400,000 of Taxable Income Hints given given Taxable IncomeTax Taxable Taxes Due Remaining Brackets Rate Income in income this Bracket $0 50,000 $50,001 - $75,000 $75,001 $100,000 $100,001- 335,000 More than $335,000 15% 25% 34% 39% 39% Total: Average Tar Rate Total Taxes Due 100 Total Taxable Income