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Problem 3-51 (LO 3-4) (Algo) Skip to question [The following information applies to the questions displayed below.] Tawana owns and operates a sole proprietorship and

Problem 3-51 (LO 3-4) (Algo)

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[The following information applies to the questions displayed below.] Tawana owns and operates a sole proprietorship and has a 37 percent marginal tax rate. She provides her son, Jonathon, $22,000 a year for college expenses. Jonathon works as a pizza delivery person every fall and has a marginal tax rate of 15 percent.

Problem 3-51 Part-b (Algo)

b. How much pretax income does it currently take Tawana to generate the $22,000 (after-taxes) given to Jonathon? (Round your answer to the nearest whole dollar amount.)

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