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The tax rates are as shown. Your firm currently has taxable income of $80,700. How much additional tax will the firm owe if it increases

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The tax rates are as shown. Your firm currently has taxable income of $80,700. How much additional tax will the firm owe if it increases its taxable income by $29,000? Taxable Income Tax Rate $0 - $50,000 15% $50,000 $75.000 25% $75,000 - $100,000 34% $100,000 $335,000 39% O $11,725 O $10,345 $10,585 $11,310 $9,860

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