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QUESTION 13 Calculating Taxes. The SGS Co. had $115,000 in taxable income. U Tax rate % 15 34 Taxable income $ 0-50,000 50,001- 75,000 75,001

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QUESTION 13 Calculating Taxes. The SGS Co. had $115,000 in taxable income. U Tax rate % 15 34 Taxable income $ 0-50,000 50,001- 75,000 75,001 - 100,000 100,001 - 335,000 335,001- 10,000,000 10,000,001- 15,000,000 15,000,001- 18,333 333 | 18,333,334 + 39 35 38 35 A. 24.43% B. 34.00% C. 26.11% D. 39.00%

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