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Required information [The following information applies to the questions displayed below.] Tawana owns and operates a sole proprietorship and has a 37 percent marginal
Required information [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, $7,500 a year for college expenses. Jonathon works as a pizza delivery person every fall and has a marginal tax rate of 15 percent. b. How much pretax income does it currently take Tawana to generate the $7,500 (after-taxes) given to Jonathon? (Round your answer to the nearest whole dollar amount.) Pretax income
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