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The United Techologies Corporation pays corporation taxes on Earnings Before Tax, in their tax accounts, of $8,293,362.00 at the following rates: 18% on the first
The United Techologies Corporation pays corporation taxes on Earnings Before Tax, in their tax accounts, of $8,293,362.00 at the following rates: 18% on the first $69,000 then at 23% on the next $63,000 then at 32%, on the next $3,251,000 and then at 36% thereafter. How much tax should the company pay? Give your answer in dollars and cents.
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