Carol uses this graduated tax schedule to determine how much income tax she owes.
if taxable i...
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Mathematics, 21.01.2020 19:31 ambriyaarmstrong01
Carol uses this graduated tax schedule to determine how much income tax she owes.
if taxable income is over. but not over-
the tax is:
$0
$7,825 10% of the amount over so
$7,825
$31,850 $782.50 plus 15% of the amount over 7,825
$31.850
$4,386 25 plus 25% of the amount over 31,850
$64,250
$97.925
$12,486.25 plus 28% of the amount over
64.250
$97.925
5174,850
$21.915.25 plus 33% of the amount over
97,925
$174,850
$47,300.50 plus 35% of the amount over
no limit
174,850
if carol's taxable income is $89,786, how much income tax does she owe, to the nearest dollar?
a $25,140
b. $12,654
c $19,636
d. $37,626
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