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Required information Problem 3-51 (LO 3-4) The following information applies to the questions displayed below] Tawana owns and operates a sole proprietorship and has a
Required information Problem 3-51 (LO 3-4) The following information applies to the questions displayed below] Tawana owns and operates a sole proprietorship and has a 37 percent marginal tax rate. She provides her son, Jonathon, $10,500 a year for college expenses. Jonathon works as a pizza delivery person every fall and has a marginal tax rate of 15 percent. Problem 3-51 Part-d d. How much money would this strategy save? (Round your intermediate calculations and final answers to the nearest whole dollar amount.)
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