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Question 6 (1 point) Tax rates on incomes: (i) between $.00 and $50,000.00 are 15.00%; (ii) between $50,001.00 and $75,000.00 are 25.00%; (iii) between $75,001.00
Question 6 (1 point) Tax rates on incomes: (i) between $.00 and $50,000.00 are 15.00%; (ii) between $50,001.00 and $75,000.00 are 25.00%; (iii) between $75,001.00 and $100,000.00 are 34.00%; (iv) between $100,001.00 and $335,000.00 are 39.00%. Sudbury Wolves currently has taxable income of $90,000.00. How much additional tax will the firm owe if taxable income increases by $21,000.00? a) $8,880 b) $8,190 c) $7.140 d) $9.290 Oe) $7,690
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