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Lebinson Company is a manufacturing company organized as a C corporation. How much corporate income tax must they pay on $1900000 in income. Use the
Lebinson Company is a manufacturing company organized as a C corporation. How much corporate income tax must they pay on $1900000 in income.
Use the following tax table:
$0 - $50000 taxed at 15%
$50,000 -$75,000 taxed at 25%
$75,000 -$100,000 taxed at 34%
$100,000 -$335,000 taxed 39%
above $335000 is taxed at 34%
Enter the tax liability here:
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