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Use the following tax table to answer this question:Taxable income:0-50,000 @ 15%50-75,000 @ 25%75-100,000 @ 34%100-335,000 @ 39%335-10,000,000 @ 34%Comfy Inn earned $218,310 in taxable income for the year. How much tax does the company owe?$86,311.20$85,140.90$68,390.90$69,998.20$65,240.10

Respuesta :

Answer:$85,140.90

Explanation: Since the amount falls in between the 100-335000, 39% will this be used on the income of the company, i.e.

39%* $218310 =$85,140.90

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