MARKING BRAINLIEST ....loll
1 answer:
You might be interested in
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