Fraser's taxable income is $53,540. According to the table below, the Ontario tax payable is: Taxable Income Ontario Tax Rate $40,922 (Base Amount) 5.05% between $40,922 and $81,847 5.05% on the first $40,922 9.15% on the income in excess of $40,922 More than $81,847, but not more than $150,000 5.05% on the first $40,922 9.15% on the next $40,925 11.16% on the income in excess of $81,847 More than $150,000, but not more than $220,000 5.05% on the first $40,922 9.15% on the next $40,925 11.16% on the next $68,153 12.16% on the income in excess of $150,000 Over $220,000 5.05% on the first $40,922 9.15% on the next $40,925 11.16% on the next $68,153 12.16% on the next $70,000 13.16% over $220,000 Question 13 options: $0.00 $1,154.55 $2,066.56 $3,031.68 $3,221.11