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Given the tax rates as shown, Taxable income Tax Rate $0 -50,000 15% 50,001 -75,000 25% 75,001 -100,000 34% 100,001 -335,000 39% -What is the

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Given the tax rates as shown, Taxable income Tax Rate $0 -50,000 15% 50,001 -75,000 25% 75,001 -100,000 34% 100,001 -335,000 39% -What is the tax bill for a firm with taxable income of $97,800? -How much additional tax will the firm owe if taxable income increases by $21,000

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