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Question 11 2 pts Hotel has a taxable income of $105,000. Given the information on the chart below: Which of the following is the correct
Question 11 2 pts Hotel has a taxable income of $105,000. Given the information on the chart below: Which of the following is the correct answer for the tax bill and the marginal tax rate? Taxable Income Tax Ranges Marginal Tax Rate Up to $50,000 15% 25% $50,001 - $75,000 34% $75,001 - $100,000 40% $100,001 - $100,000 $12,000 is the tax bill and the marginal tax rate is 15.0%. $13,750 is the tax bill and the marginal tax rate is 19.3%. $15,450 is the tax bill and the marginal tax rate is 34.1%. $24,250 is the tax bill and the marginal tax rate is 40.0%. $27,250 is the tax bill and the marginal tax rate is 23.1%
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