Sai paid income taxes of $6705.15 plus 22% of the amount by which his taxable income exceeded

Question:

Sai paid income taxes of $6705.15 plus 22% of the amount by which his taxable income exceeded $44 701. If his tax bill was $7162.53, calculate Sai's taxable income.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0134141084

11th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs

Question Posted: