Question: Wright inc has an incentive compensation plan under which the sales manager receives a bonus equal to 10% of the companies income after deductions for

Wright inc has an incentive compensation plan under which the sales manager receives a bonus equal to 10% of the companies income after deductions for bonus and income taxes. Income before bonus and income taxes is $400,000. The effective tax rate is 30%. How much is the bonus(rounded to the nearest dollar). A 40,000 B 30,108 C 28,000 D 26,168

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