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please show the steps you took, thanks You are planning on registering your business. You estimate that you can earn $86,375 of taxable income for

please show the steps you took, thanks
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You are planning on registering your business. You estimate that you can earn $86,375 of taxable income for your business. Using the 2021 tax rate schedule, (a) What is your tax liability if you register your business as a sole proprietorship? What is your marginal tax rate? (10 pts)

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