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In 2016, Ralph had a total income of $300000. He was able to take a deduction of S16000 and got a tax credit of 54400,

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In 2016, Ralph had a total income of $300000. He was able to take a deduction of S16000 and got a tax credit of 54400, Use the tax table below to answer the following question, Rounding is not needed. if Taxable Income is over If Taxable income The Tax is: This But not over amount The Tax is: Plus this The Tax is 01 the excess over 30 9278 37.651 01.151 190,151 413 351 415.051 59275 37 650 91,150 100,150 413.350 415,050 5027.50 5183.75 18.558.75 46.278.75 119.934.75 120,520.75 10% 15% 25% 28% 339 35% 39.6% 50 9275 37.650 01.150 190,150 413,350 415.050 The amount of income tax Ralph owed that year was $ In 2016, Ralph had a total income of $300000. He was able to take a deduction of S16000 and got a tax credit of 54400, Use the tax table below to answer the following question, Rounding is not needed. if Taxable Income is over If Taxable income The Tax is: This But not over amount The Tax is: Plus this The Tax is 01 the excess over 30 9278 37.651 01.151 190,151 413 351 415.051 59275 37 650 91,150 100,150 413.350 415,050 5027.50 5183.75 18.558.75 46.278.75 119.934.75 120,520.75 10% 15% 25% 28% 339 35% 39.6% 50 9275 37.650 01.150 190,150 413,350 415.050 The amount of income tax Ralph owed that year was $

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