Question: 44
(Choose 1 answer)
Trimeton Corporation announced that in the year ended June 30, 2021, its earnings before taxes amounted to
$2,367,045. Calculate its taxes using the following table. Round your final answer to the nearest dollar.
Taxable Income
$0 to $50,000
Tax Rate
15%
25
50,001-75,000
34
75,001 - 100,000
39
100.001 - 335,000
34
335,001 10,000,000
35
10,000,001 15,000,000
38
15,000,001 18,333,333
35
More than $18,333,333
A. $804,795
B. $690,895
C. $713,145
D. None of these are correct
