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QUESTION 3 Use the following tax table to answer this question: Taxable Income Tax Rate $ 0- 50.000 15% 50,001- 75,001 100,001 335,001- 10,000,000 75.000

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QUESTION 3 Use the following tax table to answer this question: Taxable Income Tax Rate $ 0- 50.000 15% 50,001- 75,001 100,001 335,001- 10,000,000 75.000 25 100.000 34 335,000 39 34 Holiday Inn earned $137.950 in taxable income for the year. How much tax does the company owe on this income OA. $66,550.50 B. $53,800.50 OC. $46,903.00 OD. $37,050.50

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