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The Anberlin Co. had $297,000 in 2011 taxable income. Use the tax rates from Table 2.3. Calculate the companys 2011 income taxes. Taxes $______ Tax
The Anberlin Co. had $297,000 in 2011 taxable income. Use the tax rates from Table 2.3. |
Calculate the companys 2011 income taxes. |
Taxes $______
Tax Rate 15% 25 34 Taxable Income $ 0 50,000 50,001 - 75,000 75,001 - 100,000 100,001 - 335,000 335,001 -10,000,000 10,000,001 - 15,000,000 15,000,001 -18,333,333 18,333,334+ 39 34 35 38 35Step by Step Solution
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