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The United Techologies Corporation pays corporation taxes on Earnings Before Tax, in their tax accounts, of $7,691,496.00 at the following rates: 15% on the first
The United Techologies Corporation pays corporation taxes on Earnings Before Tax, in their tax accounts, of $7,691,496.00 at the following rates: 15% on the first $61,000 then at 23% on the next $61,000 then at 30%, on the next $116,000 and then at 41% thereafter. How much tax should the company pay? Give your answer in dollars and cents. Express your answer in dollars and cents
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