Nevada mining currently has taxable income of 80200 how


The tax rates are as shown.

Taxable Income - Tax Rate

0 - 50,000 15%

50,001 - 75,000 25%

75,001 - 100,000 34%

100,001 - 335,000 39%

Nevada Mining currently has taxable income of 80,200. How much additional tax will the firm owe if taxable income increases by 22,200?

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Financial Management: Nevada mining currently has taxable income of 80200 how
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