$7.100 o 08 A. $35,211.57 $37,186.16 C$37,653.45 $40,020.50 E. $42,141.41 g 300 (I f0018) 100 C0.016)...

Question

Question

Answer 1

Answer #1

Correct option is > $48,490.76

Brackets	Tax rate = T	Income Allocation as per brackets = A	Tax to paid = T x A
0-50000	15%	50,000.00	7,500.00
50001-75000	25%	25,000.00	6,250.00
75001-100000	34%	25,000.00	8,500.00
100001-335000	39%	67,284.00	26,240.76
335001-10000000	34%	-	-
	Total	167,284.00	48,490.76

Company owes to tax department = $48,490.76

Answer 2

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