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Taxable Income Tax Rate 20x1 $20,000 0.30 20x2 $16,000 0.30 20x3 $12,000 0.35 20x4 S4,000 0.40 20x5 $(40,000) 0.40 20x6 $20,000 0.45 What is the
Taxable Income Tax Rate 20x1 $20,000 0.30 20x2 $16,000 0.30 20x3 $12,000 0.35 20x4 S4,000 0.40 20x5 $(40,000) 0.40 20x6 $20,000 0.45 What is the tax liability for 2016? 5400 6000 8000 9000
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