The tax rates are 40% for ordinary income over $25,000 and 25% for all capital gains income. You earned $100,000 of which $80,000 is ordinary income, and $20,000 is capital gains. How much do you owe in taxes?

		$26,000
		$37000
		$30000
		$21750

Consider the following income tax brackets: $0 to $25,000 no tax; $25,001 and above 40%. ABC Corp. made $100,000 of taxable income. How much will they pay in taxes?

		$25,000
		$40,000
		$30,000
		$45,000