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The tax rates are as shown. Taxable Income Tax Rate $0 50,000 15% 50,001 75,000 25% 75,001 100,000 34% 100,001 335,000 39% Your firm currently

The tax rates are as shown.

Taxable Income Tax Rate
$0 50,000 15%
50,001 75,000 25%
75,001 100,000 34%
100,001 335,000 39%

Your firm currently has taxable income of $80,100. How much additional tax will you owe if you increase your taxable income by $21,300?

$8,307

$7,312

$6,932

$7,242

$6,922

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