Question: In 2021, Alberta-based Corporation Growth has$81,000in taxable income, and Alberta-based Corporation Income has$9,000,000 in taxable income. Use the tax rates from Table 2.7 . a.

In 2021, Alberta-based Corporation Growth has$81,000in taxable income, and Alberta-based Corporation Income has$9,000,000 in taxable income. Use the tax rates fromTable 2.7.

a.What is the tax bill for each? (Omit $ sign in your response.)

Firms Tax Bill
Alberta-based Corporation Growth $
Alberta-based Corporation Income $

b. Suppose both firms have identified a new project that will increase taxable income by $12,000. How much additional taxes will each firm pay? (Omit $ sign in your response.)

Firms Additional Taxes
Alberta-based Corporation Growth $
Alberta-based Corporation Income $

c.Is this amount the same?

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