Taxation

Question 8 6 points Marginal Tax Rate table for 2021: Taxable income In Excess Of Federal Tax Marginal Rate on Excess 0 0 15% 49,020 7,353 20.5% 98,040 17,402 26% 151,978 31,426 29% 216,511 50,141 33% During 2021, Canadian resident Ravinder has calculated his Taxable income to be $55,800. Instructions: Calculate Ravinder's Gross Federal Tax Payable by completing the six (6) blanks in the table below. On First On Next At % Gross Federal Tax Payable (Before Credits)