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The tax rates are as shown. Taxable Income $0-50,000 50,001- 75,000 75,001 100,000 100,001-335,000 Tax Rate 15% 25% 34% 39% Your firm currently has taxable
The tax rates are as shown. Taxable Income $0-50,000 50,001- 75,000 75,001 100,000 100,001-335,000 Tax Rate 15% 25% 34% 39% Your firm currently has taxable income of $80,200. How much additional tax will you owe If you increase your taxable Income by $21,400? O $8,346 O $7,276 O $6,966 O $7356 O $6,976
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