Answer:
Less revenue the government collect = $30,000
Less revenue the government collect = $11,250
Less revenue the government collect = $36,250
Explanation:
A.Present revenue collection = $300,000 x 35%
Present revenue collection = $105,000
Forecast present revenue collection = $300,000 x 25%
Forecast present revenue collection = $75,000
Less revenue the government collect = $105,000 - $75,000
Less revenue the government collect = $30,000
B.New revenue collection = $375,000 x 25%
New revenue collection = $ 93,750
Less revenue the government collect = $105,000 - $93,750
Less revenue the government collect = $11,250
C.New revenue collection = $275,000 x 25%
New revenue collection = $ 68,750
Less revenue the government collect = $105,000 - $68,750
Less revenue the government collect = $36,250
