Your company paid employees who were eligible for work opportunity credit of $30,000 last year. Of these wages, $26,000 is eligible for a tax credit of 40% of the wages and the remaining wages are eligible for a tax credit of 25% of the wages. The company's wages expense must be reduced by the amount of the credit. If the company's marginal tax rate is 35% how does this affect your company's taxes? Answer should be: Reduces taxes by $7,410 SHOW ALL WORK PLEASE FOR A BETTER UNDERSTANDING WRITE NEATLY PLEASE