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Question 4 Suppose that Tesla earned a taxable income of $110,000 in 2015. Tax Rate 15% Taxable income 0 50,000 50,001 - 75,000 75,001 -

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Question 4 Suppose that Tesla earned a taxable income of $110,000 in 2015. Tax Rate 15% 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+ What is the firm's tax bill (tax liability), in 2015? $26,150 C$42.900 $37,400 $32,350

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