Taxable Income Range Tax Rate

$$0-$ $$9,52510\%$

$$9,526-$ $$38,70012\%$

$$38,701-$ $$82,50022\%$

$$82,501-$ $$157,50024\%$

$$157,501-$ $$200,00032\%$

$$200,001-$ $$500,00035\%$

Over $$500,00037\%$

$1.$ Based on the following table of the tax rates, what is the total tax for a firm with taxable income of $$100,000$

A $7\mathrm{.}5\%$

B$.15\mathrm{.}45\%$

C$.24\mathrm{.}00\%$

D$.18\mathrm{.}29\%$

$2.$ Based on the following table of the tax rates, what is the total tax for a firm with taxable income of $$40,000?$

A$.1000$

B$.6000$

C$.8800$

D$.4740$