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Taxable income $97,000 31 Question 10 (2 marks) 32 Use reference functions to work out how much tax is payable 33 for any positive income
Taxable income $97,000 31 Question 10 (2 marks) 32 Use reference functions to work out how much tax is payable 33 for any positive income in cell C33, based on the tax table to 34 the right. 35 Hint: it is probably easier to use several cells to compute 36 relevant numbers with the final answer entered in cell C37. 37 38 Income thresholds Tax amount at threshold Tax rate above threshold $0 $0 0% $18,200 $0 19.0% $37,000 $3,572 32.5% $80,000 $17,547 37.0% $180,000 $54,547 45.0% Tax payable
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