Mary pays income tax according to the graduated schedule shown below.
but not over-
if tax...
![Mathematics](/tpl/images/cats/mat.png)
Mathematics, 06.12.2019 05:31, danksans4912
Mary pays income tax according to the graduated schedule shown below.
but not over-
if taxable income
is over-
the tax is:
$7,825
$31.850
$7.825
$31.850
s77.100
$77.100
$160.850
10% of the amount over so
$782.50 plus 15% of the amount over 7,825
54,386.25 plus 25% of the amount over 31,850
$15.698.75 plus 28% of the amount over
77,100
$39.148.75 plus 33% of the amount over
160,850
$101.469.25 plus 35% of the amount over
349.700
$160.850
$349,700
$349.700
no limit
if mary's taxable income is $68,562, how much income tax does she owe, rounded to the nearest dollar?
a. $13,564
b. $17,140
c.$21.527
d.$12.349
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