II. Company Profits after Bonuses and Taxes A company earns $800,000 profit before paying bonuses and taxes. Suppose that a bonus of 2% is paid to each employee after all taxes are paid, that state taxes of 6% are paid on the profit after the bonuses are paid, and that federal taxes are 34% of the profit that remains after bonuses and state taxes are paid. 1. How much profit remains after all taxes and bonuses are paid? Give your answer to the nearest dollar. 2. If the employee bonuses are increased to 3%, employees would receive 50% more bonus money. How much more profit would this cost the company than the 2% bonuses? 3. Use a calculator or spreadsheet to determine the loss of profit associated with bonuses of 4%, 5%, etc., up to 10%, and make a management decision about what bonuses to give in order to balance employee morale with loss of profit. 4. Use technology and the data points found above to create an equation that models the company's profit after expenses as a function of the employee bonus percent. II. Company Profits after Bonuses and Taxes A company earns $800,000 profit before paying bonuses and taxes. Suppose that a bonus of 2% is paid to each employee after all taxes are paid, that state taxes of 6% are paid on the profit after the bonuses are paid, and that federal taxes are 34% of the profit that remains after bonuses and state taxes are paid. 1. How much profit remains after all taxes and bonuses are paid? Give your answer to the nearest dollar. 2. If the employee bonuses are increased to 3%, employees would receive 50% more bonus money. How much more profit would this cost the company than the 2% bonuses? 3. Use a calculator or spreadsheet to determine the loss of profit associated with bonuses of 4%, 5%, etc., up to 10%, and make a management decision about what bonuses to give in order to balance employee morale with loss of profit. 4. Use technology and the data points found above to create an equation that models the company's profit after expenses as a function of the employee bonus percent