Use the following tax table to answer this question:

Taxable Income					Tax Rate
$	0	-	9,525		10	%
	9,525	-	38,700		12
	38,700	-	82,500		22
	82,500	-	157,500		24
	157,500	-	200,000		32
	200,000	-	500,000		35
	500,000	+			37

Andrews Dried Fruit, LLC has taxable income of $630,000. How much does it owe in taxes?

Multiple Choice

• $141,750

• $154,800

• $198,790

• $$220,500

• $$233,100

Answer rating: 100% (QA)

Tax calculation table Taxable income Rate Taxed amount Tax Balance FFD From a To b ... View the full answer