Kathleen had a bag of candy-coated chocolates. Of the 55 candies in the bag, 20% were red, 30% were orange, 30% were green, and
2 answers:
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Answer:
$29,750
Step-by-step explanation:
We have been given the income before tax: $150,000
And taxable income: $65,000
So, the income tax would be : $150,000-$65,000=$85000
So, 35% of $85000 is
On simplification we get: $29,750
Hence, the income tax expense will be $29,750