Can someone help me with this? Will give brainliest!
1 answer:
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Answer:
$13564
Step-by-step explanation:
Mary’s taxable income= $68,562
From the table, If taxable income is over $31,850 but not over $77,100
The tax = $4386.25 + 25% of the amount over 31,850
Amount over $31,850=$68,562-$31,850
=$36,712
Therefore:
Mary's tax = $4386.25 + (25% of $36,712)
=$4386.25 +9,178
=$13564.25
=$13564 (to the nearest dollar)