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The table below shows the corporate income tax rates for 2017 COPYRIGHTED MATERIALS Name: Federal Income Taxes Q-9-3. Required U.S. Corporate Income Tax Table Taxis

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The table below shows the corporate income tax rates for 2017 COPYRIGHTED MATERIALS Name: Federal Income Taxes Q-9-3. Required U.S. Corporate Income Tax Table Taxis of the amount 15% Pre-tax net income over- $0 50,000 75,000 100,000 335,000 10,000,000 15,000,000 18,333,333 But not over- $50,000 75,000 100,000 335,000 10,000,000 51001 $7,500-25% 13,750 +34% 22,250 39% $113,900 +34% 3,400,000 -39% 5,150,000 -38% 15,000,000 18,333,333 75.000 100000 335.000 10.000.000 15.000.000 35% General ledger account numbers for the journal entry are: A/C +40700 (Federal Income Tax Expense) and A/C #20700 (Federal Income Taxes Payable). Show your calculation below. The table below shows the corporate income tax rates for 2017 COPYRIGHTED MATERIALS Name: Federal Income Taxes Q-9-3. Required U.S. Corporate Income Tax Table Taxis of the amount 15% Pre-tax net income over- $0 50,000 75,000 100,000 335,000 10,000,000 15,000,000 18,333,333 But not over- $50,000 75,000 100,000 335,000 10,000,000 51001 $7,500-25% 13,750 +34% 22,250 39% $113,900 +34% 3,400,000 -39% 5,150,000 -38% 15,000,000 18,333,333 75.000 100000 335.000 10.000.000 15.000.000 35% General ledger account numbers for the journal entry are: A/C +40700 (Federal Income Tax Expense) and A/C #20700 (Federal Income Taxes Payable). Show your calculation below

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