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metchelle
metchelle metchelle
  • 08-09-2016
  • Mathematics
Answered

Ethan's taxable income is $87,525. Use this tax schedule to calculate the total amount he owes in taxes.

Ethan s taxable income is 87,525. Use this tax schedule to calculate the total amount he owes in taxes. class=

Verified Answer :

Anonymous Anonymous
  • 08-09-2016

$18,617.75 is the answer
$87,525-$77,100=$10,425 (the amount over $77,100)
$
10,425 x .28=$2,919 (the 28% taxed amount over $77,100)
$2,919+$15,698.75 (the already taxed amount in the chart)=$18,617.75



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feliciajones7373 feliciajones7373
  • 17-11-2020

Answer: For Plato users

Step-by-step explanation:

B. 18,617.75

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