I need help with this please can this be broken down into simpler explanations before arriving at the answer I have no knowledge in accounting Balance Sheet Assets Balance Sheet Liabilities and Equity Acts payable ACE Notes payable 52 600 351200 725 200 2014 524,160 6 36 000 200 000 1 650, 160,000 32 592 2011 LAGREBRO AR Inventories Total CA Grow Les De Net FA Total Assets 2287 360 1 326,00 2,202,950 146 200 Common stock Retained earnings Total LE Income Statement Other Data 2016 6,024,000 5 5 000 No of shares 51 SO DPS 5022 COGS (cost of goods Other expenses Total per costs deprec amort Depreciation and amortion rest expense EBT 1222,672 18 900 SAD 000 10, 136 012 ($ 200,000) CLOS 704) 5146 D SAD Pay This sunt on the Plus The Percentage on the cover the Base Marginal Race Top recher 2013 Corporate Tax Rates Ha Corporations Taxable income is UP TO SSO 000 SS CO SOOD 52SODO S100 000 S100 000 5 000 $35 000 510 000 000 $15 00 DO 13 33 22,250 DODO 5 ISO DOO Avage Tax Top of the 2012 individual Tom Rares Single individuals Vou Pay The Push Perang You Taxi on the Exces Ver the Base of the Bracket Marginal Rate UP TO 58 925 S 925 536,250 BO 4 91 25 5872505183 250 S1855,250 $390 JSO 30 Plus This Percentage on the Excess over the Base Marginal Rate Top of Bracked Married couples Filing Joint Returns You Pay This If Your Taxable Amount on the as of the Bracket 517,SO S72,500 1 735 00 572,500 SH,400 $223 050 50 30 19 50 107 768 50 Over $450 000 Hw2 Problems 21 With the data above and already given formula to moodle, please calculate 1) FCF 2) tax in 2013 and 3) formula (given to moodle), 1 19 in 2014, Show your work, not only the answers, Due Date income captic558,640) crempio Balance Sheet Assets Balance Sheet Liabilities and Equity Acts payable ACE Notes payable 52 600 351200 725 200 2014 524,160 6 36 000 200 000 1 650, 160,000 32 592 2011 LAGREBRO AR Inventories Total CA Grow Les De Net FA Total Assets 2287 360 1 326,00 2,202,950 146 200 Common stock Retained earnings Total LE Income Statement Other Data 2016 6,024,000 5 5 000 No of shares 51 SO DPS 5022 COGS (cost of goods Other expenses Total per costs deprec amort Depreciation and amortion rest expense EBT 1222,672 18 900 SAD 000 10, 136 012 ($ 200,000) CLOS 704) 5146 D SAD Pay This sunt on the Plus The Percentage on the cover the Base Marginal Race Top recher 2013 Corporate Tax Rates Ha Corporations Taxable income is UP TO SSO 000 SS CO SOOD 52SODO S100 000 S100 000 5 000 $35 000 510 000 000 $15 00 DO 13 33 22,250 DODO 5 ISO DOO Avage Tax Top of the 2012 individual Tom Rares Single individuals Vou Pay The Push Perang You Taxi on the Exces Ver the Base of the Bracket Marginal Rate UP TO 58 925 S 925 536,250 BO 4 91 25 5872505183 250 S1855,250 $390 JSO 30 Plus This Percentage on the Excess over the Base Marginal Rate Top of Bracked Married couples Filing Joint Returns You Pay This If Your Taxable Amount on the as of the Bracket 517,SO S72,500 1 735 00 572,500 SH,400 $223 050 50 30 19 50 107 768 50 Over $450 000 Hw2 Problems 21 With the data above and already given formula to moodle, please calculate 1) FCF 2) tax in 2013 and 3) formula (given to moodle), 1 19 in 2014, Show your work, not only the answers, Due Date income captic558,640) crempio Balance Sheet Assets Balance Sheet Liabilities and Equity 2014 Cash 2013 145 600 136 000 Accts payable Accruals Notes payable Total Long term debe Common stock Retained earnings Total Equity TotalLSE 489,600 1,460, 723,432 460,000 481 GOD 2014 7 282 632,160 1 287 360 1 926,802 1 202 950 263,160 939 790 2 866 592 Inventories Total CA Gross FA Less Dep Net FA Total Assets 2013 57,600 351,200 215200 1,124,000 491,000 146,200 100 DO 1468 800 460 000 201 76 663 768 LAGELADO 492,592 Income Statement Other Data 2013 $3,432 000 2,864,000 No of shares 2014 100,000 $1 602 50 11 2014 $6,034,000 5 5 000 519 00 $6,047,90 ($ 130,945) 136 012 (5 266,960) CLOG 704) Sales COGS (cost of goods sold) Other expenses Total per concl deprec amort Depreciation and amortization EBIT Interest expense ENT Net income 2013 100,000 SO 50 22 SRO S40 000 $3,222,672 DPS Stock price Leases $40 000 $ 190,428 43,625 $ 146 000 BAMO Plus This Percentage on the ENDS OVER the Base Marginal Rate) Average Tan Rate Top of Bracket 2013 Corporate Tax Rates You Pay This If a Corporation's Amount on the Taxable income is Base of the Bracket Up to SSO,000 550,000 $75 000 7 500 575 000 S100 000 13 750 S100 000 5335 000 22,250 $335 000 $10,000,000 $10,000 00D SIS OOO OOD 1 400 000 $15 000 000 1833 5 150 000 Over 518,333,333 Average Tax Top of Bracket 10 0 20 4 29 0 2013 individual Tax Rates Single individuals You Pay The Pun This Percentage If Your Table Amount on the on the Excess over the Incorvi Base of the Bracket Base (Marginal Rate) Up to $3 925 530,250 587 50 $87,50 5183,250 17 891 25 20 5162 250 $398 350 44 603 25 5398,350 5 100 000 Over $400 000 Married couples Filing Joint Returns You Pay This Plus This Percentago If Your Taxable Amount on the on the Excess over the Income is Base of the Bracket Base (Marginal Rate) Up to $17 850 $ o 10 5 17 850 572 500 1,785 00 $72,500 5140,400 9 982 50 25 0 5146,400 5223 050 S223,050 5300, 350 S39 350 5450 000 107 768 50 Over $250 000 Average Tax Rate at Top of Bracket 10 09 19 4 22 4 27 28 0 20149 Hw2 Problems 21 With the data above and already given formula to moodle, please calculate 1) FCF 2) tax in 2013 and 3) formula (given to moodle), 1 19 in 2014, income corporation 558,640 exemptions 50 Balance Sheet Assets Balance Sheet Liabilities and Equity Acts payable ACE Notes payable 52 600 351200 725 200 2014 524,160 6 36 000 200 000 1 650, 160,000 32 592 2011 LAGREBRO AR Inventories Total CA Grow Les De Net FA Total Assets 2287 360 1 326,00 2,202,950 146 200 Common stock Retained earnings Total LE Income Statement Other Data 2016 6,024,000 5 5 000 No of shares 51 SO DPS 5022 COGS (cost of goods Other expenses Total per costs deprec amort Depreciation and amortion rest expense EBT 1222,672 18 900 SAD 000 10, 136 012 ($ 200,000) CLOS 704) 5146 D SAD Pay This sunt on the Plus The Percentage on the cover the Base Marginal Race Top recher 2013 Corporate Tax Rates Ha Corporations Taxable income is UP TO SSO 000 SS CO SOOD 52SODO S100 000 S100 000 5 000 $35 000 510 000 000 $15 00 DO 13 33 22,250 DODO 5 ISO DOO Avage Tax Top of the 2012 individual Tom Rares Single individuals Vou Pay The Push Perang You Taxi on the Exces Ver the Base of the Bracket Marginal Rate UP TO 58 925 S 925 536,250 BO 4 91 25 5872505183 250 S1855,250 $390 JSO 30 Plus This Percentage on the Excess over the Base Marginal Rate Top of Bracked Married couples Filing Joint Returns You Pay This If Your Taxable Amount on the as of the Bracket 517,SO S72,500 1 735 00 572,500 SH,400 $223 050 50 30 19 50 107 768 50 Over $450 000 Hw2 Problems 21 With the data above and already given formula to moodle, please calculate 1) FCF 2) tax in 2013 and 3) formula (given to moodle), 1 19 in 2014, Show your work, not only the answers, Due Date income captic558,640) crempio Balance Sheet Assets Balance Sheet Liabilities and Equity Acts payable ACE Notes payable 52 600 351200 725 200 2014 524,160 6 36 000 200 000 1 650, 160,000 32 592 2011 LAGREBRO AR Inventories Total CA Grow Les De Net FA Total Assets 2287 360 1 326,00 2,202,950 146 200 Common stock Retained earnings Total LE Income Statement Other Data 2016 6,024,000 5 5 000 No of shares 51 SO DPS 5022 COGS (cost of goods Other expenses Total per costs deprec amort Depreciation and amortion rest expense EBT 1222,672 18 900 SAD 000 10, 136 012 ($ 200,000) CLOS 704) 5146 D SAD Pay This sunt on the Plus The Percentage on the cover the Base Marginal Race Top recher 2013 Corporate Tax Rates Ha Corporations Taxable income is UP TO SSO 000 SS CO SOOD 52SODO S100 000 S100 000 5 000 $35 000 510 000 000 $15 00 DO 13 33 22,250 DODO 5 ISO DOO Avage Tax Top of the 2012 individual Tom Rares Single individuals Vou Pay The Push Perang You Taxi on the Exces Ver the Base of the Bracket Marginal Rate UP TO 58 925 S 925 536,250 BO 4 91 25 5872505183 250 S1855,250 $390 JSO 30 Plus This Percentage on the Excess over the Base Marginal Rate Top of Bracked Married couples Filing Joint Returns You Pay This If Your Taxable Amount on the as of the Bracket 517,SO S72,500 1 735 00 572,500 SH,400 $223 050 50 30 19 50 107 768 50 Over $450 000 Hw2 Problems 21 With the data above and already given formula to moodle, please calculate 1) FCF 2) tax in 2013 and 3) formula (given to moodle), 1 19 in 2014, Show your work, not only the answers, Due Date income captic558,640) crempio Balance Sheet Assets Balance Sheet Liabilities and Equity 2014 Cash 2013 145 600 136 000 Accts payable Accruals Notes payable Total Long term debe Common stock Retained earnings Total Equity TotalLSE 489,600 1,460, 723,432 460,000 481 GOD 2014 7 282 632,160 1 287 360 1 926,802 1 202 950 263,160 939 790 2 866 592 Inventories Total CA Gross FA Less Dep Net FA Total Assets 2013 57,600 351,200 215200 1,124,000 491,000 146,200 100 DO 1468 800 460 000 201 76 663 768 LAGELADO 492,592 Income Statement Other Data 2013 $3,432 000 2,864,000 No of shares 2014 100,000 $1 602 50 11 2014 $6,034,000 5 5 000 519 00 $6,047,90 ($ 130,945) 136 012 (5 266,960) CLOG 704) Sales COGS (cost of goods sold) Other expenses Total per concl deprec amort Depreciation and amortization EBIT Interest expense ENT Net income 2013 100,000 SO 50 22 SRO S40 000 $3,222,672 DPS Stock price Leases $40 000 $ 190,428 43,625 $ 146 000 BAMO Plus This Percentage on the ENDS OVER the Base Marginal Rate) Average Tan Rate Top of Bracket 2013 Corporate Tax Rates You Pay This If a Corporation's Amount on the Taxable income is Base of the Bracket Up to SSO,000 550,000 $75 000 7 500 575 000 S100 000 13 750 S100 000 5335 000 22,250 $335 000 $10,000,000 $10,000 00D SIS OOO OOD 1 400 000 $15 000 000 1833 5 150 000 Over 518,333,333 Average Tax Top of Bracket 10 0 20 4 29 0 2013 individual Tax Rates Single individuals You Pay The Pun This Percentage If Your Table Amount on the on the Excess over the Incorvi Base of the Bracket Base (Marginal Rate) Up to $3 925 530,250 587 50 $87,50 5183,250 17 891 25 20 5162 250 $398 350 44 603 25 5398,350 5 100 000 Over $400 000 Married couples Filing Joint Returns You Pay This Plus This Percentago If Your Taxable Amount on the on the Excess over the Income is Base of the Bracket Base (Marginal Rate) Up to $17 850 $ o 10 5 17 850 572 500 1,785 00 $72,500 5140,400 9 982 50 25 0 5146,400 5223 050 S223,050 5300, 350 S39 350 5450 000 107 768 50 Over $250 000 Average Tax Rate at Top of Bracket 10 09 19 4 22 4 27 28 0 20149 Hw2 Problems 21 With the data above and already given formula to moodle, please calculate 1) FCF 2) tax in 2013 and 3) formula (given to moodle), 1 19 in 2014, income corporation 558,640 exemptions 50

Question

I need help with this please  can this be broken down into simpler explanations before arriving at the answer  I have no knowledge in accounting Balance Sheet  Assets Balance Sheet  Liabilities and Equity Acts payable ACE Notes payable 52 600 351200 725 200 2014 524,160 6 36 000 200 000 1 650, 160,000 32 592 2011 LAGREBRO AR Inventories Total CA Grow Les De Net FA Total Assets 2287 360 1 326,00 2,202,950 146 200 Common stock Retained earnings Total LE Income Statement Other Data 2016 6,024,000 5 5 000 No  of shares 51 SO DPS 5022 COGS (cost of goods Other expenses Total per costs deprec amort Depreciation and amortion rest expense EBT 1222,672 18 900 SAD 000 10, 136 012 ($ 200,000) CLOS 704) 5146 D SAD Pay This sunt on the Plus The Percentage on the cover the Base Marginal Race Top recher 2013 Corporate Tax Rates Ha Corporations Taxable income is UP TO SSO 000 SS CO  SOOD 52SODO S100 000 S100 000 5 000 $35 000 510 000 000 $15 00 DO 13 33 22,250 DODO 5  ISO DOO Avage Tax Top of the 2012 individual Tom Rares  Single individuals Vou Pay The Push Perang You Taxi on the Exces Ver the Base of the Bracket Marginal Rate UP TO 58 925 S 925 536,250 BO 4 91 25 5872505183 250 S1855,250 $390 JSO 30 Plus This Percentage on the Excess over the Base Marginal Rate Top of Bracked Married couples Filing Joint Returns You Pay This If Your Taxable Amount on the as of the Bracket 517,SO S72,500 1 735 00 572,500 SH,400 $223 050 50 30 19 50 107 768 50 Over $450 000 Hw2  Problems 21 With the data above and already given formula to moodle, please calculate 1) FCF 2) tax in 2013 and 3) formula (given to moodle), 1 19 in 2014, Show your work, not only the answers, Due Date  income captic558,640) crempio Balance Sheet  Assets Balance Sheet  Liabilities and Equity Acts payable ACE Notes payable 52 600 351200 725 200 2014 524,160 6 36 000 200 000 1 650, 160,000 32 592 2011 LAGREBRO AR Inventories Total CA Grow Les De Net FA Total Assets 2287 360 1 326,00 2,202,950 146 200 Common stock Retained earnings Total LE Income Statement Other Data 2016 6,024,000 5 5 000 No  of shares 51 SO DPS 5022 COGS (cost of goods Other expenses Total per costs deprec amort Depreciation and amortion rest expense EBT 1222,672 18 900 SAD 000 10, 136 012 ($ 200,000) CLOS 704) 5146 D SAD Pay This sunt on the Plus The Percentage on the cover the Base Marginal Race Top recher 2013 Corporate Tax Rates Ha Corporations Taxable income is UP TO SSO 000 SS CO  SOOD 52SODO S100 000 S100 000 5 000 $35 000 510 000 000 $15 00 DO 13 33 22,250 DODO 5  ISO DOO Avage Tax Top of the 2012 individual Tom Rares  Single individuals Vou Pay The Push Perang You Taxi on the Exces Ver the Base of the Bracket Marginal Rate UP TO 58 925 S 925 536,250 BO 4 91 25 5872505183 250 S1855,250 $390 JSO 30 Plus This Percentage on the Excess over the Base Marginal Rate Top of Bracked Married couples Filing Joint Returns You Pay This If Your Taxable Amount on the as of the Bracket 517,SO S72,500 1 735 00 572,500 SH,400 $223 050 50 30 19 50 107 768 50 Over $450 000 Hw2  Problems 21 With the data above and already given formula to moodle, please calculate 1) FCF 2) tax in 2013 and 3) formula (given to moodle), 1 19 in 2014, Show your work, not only the answers, Due Date  income captic558,640) crempio Balance Sheet  Assets Balance Sheet  Liabilities and Equity 2014 Cash 2013 145 600 136 000 Accts payable Accruals Notes payable Total Long term debe Common stock Retained earnings Total Equity TotalLSE 489,600 1,460, 723,432 460,000 481 GOD 2014 7 282 632,160 1 287 360 1 926,802 1 202 950 263,160 939 790 2 866 592 Inventories Total CA Gross FA Less  Dep  Net FA Total Assets 2013 57,600 351,200 215200 1,124,000 491,000 146,200 100 DO 1468 800 460 000 201 76 663 768 LAGELADO 492,592 Income Statement Other Data 2013 $3,432 000 2,864,000 No  of shares 2014 100,000 $1 602 50 11 2014 $6,034,000 5 5 000 519 00 $6,047,90 ($ 130,945) 136 012 (5 266,960) CLOG 704) Sales COGS (cost of goods sold) Other expenses Total per concl  deprec    amort Depreciation and amortization EBIT Interest expense ENT Net income 2013 100,000 SO  50 22 SRO S40 000 $3,222,672 DPS Stock price Leases $40 000 $ 190,428 43,625 $ 146 000 BAMO Plus This Percentage on the ENDS OVER the Base Marginal Rate) Average Tan Rate Top of Bracket 2013 Corporate Tax Rates You Pay This If a Corporation's Amount on the Taxable income is Base of the Bracket Up to SSO,000 550,000 $75 000 7 500 575 000 S100 000 13 750 S100 000 5335 000 22,250 $335 000 $10,000,000 $10,000 00D SIS OOO OOD 1 400 000 $15 000 000 1833 5 150 000 Over 518,333,333 Average Tax Top of Bracket 10 0 20 4 29 0 2013 individual Tax Rates Single individuals You Pay The Pun This Percentage If Your Table Amount on the on the Excess over the Incorvi Base of the Bracket Base (Marginal Rate) Up to $3 925 530,250 587 50 $87,50 5183,250 17 891 25 20 5162 250 $398 350 44 603 25 5398,350 5 100 000 Over $400 000 Married couples Filing Joint Returns You Pay This Plus This Percentago If Your Taxable Amount on the on the Excess over the Income is Base of the Bracket Base (Marginal Rate) Up to $17 850 $ o 10  5 17 850 572 500 1,785 00 $72,500 5140,400 9 982 50 25 0 5146,400 5223 050 S223,050 5300, 350 S39 350 5450 000 107 768 50 Over $250 000 Average Tax Rate at Top of Bracket 10 09 19 4 22 4 27 28 0 20149 Hw2  Problems 21 With the data above and already given formula to moodle, please calculate 1) FCF 2) tax in 2013 and 3) formula (given to moodle), 1 19 in 2014, income corporation 558,640 exemptions 50 Balance Sheet  Assets Balance Sheet  Liabilities and Equity Acts payable ACE Notes payable 52 600 351200 725 200 2014 524,160 6 36 000 200 000 1 650, 160,000 32 592 2011 LAGREBRO AR Inventories Total CA Grow Les De Net FA Total Assets 2287 360 1 326,00 2,202,950 146 200 Common stock Retained earnings Total LE Income Statement Other Data 2016 6,024,000 5 5 000 No  of shares 51 SO DPS 5022 COGS (cost of goods Other expenses Total per costs deprec amort Depreciation and amortion rest expense EBT 1222,672 18 900 SAD 000 10, 136 012 ($ 200,000) CLOS 704) 5146 D SAD Pay This sunt on the Plus The Percentage on the cover the Base Marginal Race Top recher 2013 Corporate Tax Rates Ha Corporations Taxable income is UP TO SSO 000 SS CO  SOOD 52SODO S100 000 S100 000 5 000 $35 000 510 000 000 $15 00 DO 13 33 22,250 DODO 5  ISO DOO Avage Tax Top of the 2012 individual Tom Rares  Single individuals Vou Pay The Push Perang You Taxi on the Exces Ver the Base of the Bracket Marginal Rate UP TO 58 925 S 925 536,250 BO 4 91 25 5872505183 250 S1855,250 $390 JSO 30 Plus This Percentage on the Excess over the Base Marginal Rate Top of Bracked Married couples Filing Joint Returns You Pay This If Your Taxable Amount on the as of the Bracket 517,SO S72,500 1 735 00 572,500 SH,400 $223 050 50 30 19 50 107 768 50 Over $450 000 Hw2  Problems 21 With the data above and already given formula to moodle, please calculate 1) FCF 2) tax in 2013 and 3) formula (given to moodle), 1 19 in 2014, Show your work, not only the answers, Due Date  income captic558,640) crempio Balance Sheet  Assets Balance Sheet  Liabilities and Equity Acts payable ACE Notes payable 52 600 351200 725 200 2014 524,160 6 36 000 200 000 1 650, 160,000 32 592 2011 LAGREBRO AR Inventories Total CA Grow Les De Net FA Total Assets 2287 360 1 326,00 2,202,950 146 200 Common stock Retained earnings Total LE Income Statement Other Data 2016 6,024,000 5 5 000 No  of shares 51 SO DPS 5022 COGS (cost of goods Other expenses Total per costs deprec amort Depreciation and amortion rest expense EBT 1222,672 18 900 SAD 000 10, 136 012 ($ 200,000) CLOS 704) 5146 D SAD Pay This sunt on the Plus The Percentage on the cover the Base Marginal Race Top recher 2013 Corporate Tax Rates Ha Corporations Taxable income is UP TO SSO 000 SS CO  SOOD 52SODO S100 000 S100 000 5 000 $35 000 510 000 000 $15 00 DO 13 33 22,250 DODO 5  ISO DOO Avage Tax Top of the 2012 individual Tom Rares  Single individuals Vou Pay The Push Perang You Taxi on the Exces Ver the Base of the Bracket Marginal Rate UP TO 58 925 S 925 536,250 BO 4 91 25 5872505183 250 S1855,250 $390 JSO 30 Plus This Percentage on the Excess over the Base Marginal Rate Top of Bracked Married couples Filing Joint Returns You Pay This If Your Taxable Amount on the as of the Bracket 517,SO S72,500 1 735 00 572,500 SH,400 $223 050 50 30 19 50 107 768 50 Over $450 000 Hw2  Problems 21 With the data above and already given formula to moodle, please calculate 1) FCF 2) tax in 2013 and 3) formula (given to moodle), 1 19 in 2014, Show your work, not only the answers, Due Date  income captic558,640) crempio Balance Sheet  Assets Balance Sheet  Liabilities and Equity 2014 Cash 2013 145 600 136 000 Accts payable Accruals Notes payable Total Long term debe Common stock Retained earnings Total Equity TotalLSE 489,600 1,460, 723,432 460,000 481 GOD 2014 7 282 632,160 1 287 360 1 926,802 1 202 950 263,160 939 790 2 866 592 Inventories Total CA Gross FA Less  Dep  Net FA Total Assets 2013 57,600 351,200 215200 1,124,000 491,000 146,200 100 DO 1468 800 460 000 201 76 663 768 LAGELADO 492,592 Income Statement Other Data 2013 $3,432 000 2,864,000 No  of shares 2014 100,000 $1 602 50 11 2014 $6,034,000 5 5 000 519 00 $6,047,90 ($ 130,945) 136 012 (5 266,960) CLOG 704) Sales COGS (cost of goods sold) Other expenses Total per concl  deprec    amort Depreciation and amortization EBIT Interest expense ENT Net income 2013 100,000 SO  50 22 SRO S40 000 $3,222,672 DPS Stock price Leases $40 000 $ 190,428 43,625 $ 146 000 BAMO Plus This Percentage on the ENDS OVER the Base Marginal Rate) Average Tan Rate Top of Bracket 2013 Corporate Tax Rates You Pay This If a Corporation's Amount on the Taxable income is Base of the Bracket Up to SSO,000 550,000 $75 000 7 500 575 000 S100 000 13 750 S100 000 5335 000 22,250 $335 000 $10,000,000 $10,000 00D SIS OOO OOD 1 400 000 $15 000 000 1833 5 150 000 Over 518,333,333 Average Tax Top of Bracket 10 0 20 4 29 0 2013 individual Tax Rates Single individuals You Pay The Pun This Percentage If Your Table Amount on the on the Excess over the Incorvi Base of the Bracket Base (Marginal Rate) Up to $3 925 530,250 587 50 $87,50 5183,250 17 891 25 20 5162 250 $398 350 44 603 25 5398,350 5 100 000 Over $400 000 Married couples Filing Joint Returns You Pay This Plus This Percentago If Your Taxable Amount on the on the Excess over the Income is Base of the Bracket Base (Marginal Rate) Up to $17 850 $ o 10  5 17 850 572 500 1,785 00 $72,500 5140,400 9 982 50 25 0 5146,400 5223 050 S223,050 5300, 350 S39 350 5450 000 107 768 50 Over $250 000 Average Tax Rate at Top of Bracket 10 09 19 4 22 4 27 28 0 20149 Hw2  Problems 21 With the data above and already given formula to moodle, please calculate 1) FCF 2) tax in 2013 and 3) formula (given to moodle), 1 19 in 2014, income corporation 558,640 exemptions 50

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I need help with this please. can this be broken down into simpler explanations before arriving at the answer? I have no knowledge in accounting

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