Answer: $6,000
Explanation: Considering the tax structure:
An employee with a total income of $60,000 will pay:
1st $20,000= $20,000*5%=$1,000
2nd $30,000= $30,000*10% = $3,000
Bal of $10,000= $10,000 * 20% = $2,000
Total Tax payable = $1,000+$3,000+ $2,000=$6,000
