Canvas Question 12 1 pts Use the tax rate schedule below to calculate the total...
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Canvas Question 12 1 pts Use the tax rate schedule below to calculate the total taxes to be paid for the Loxbro. Lexbro's pre-tax income is $14.120.000 fore Than Taxable income But Not More Than $50,000 $75.000 $ 100.000 $335.000 $10,000,000 $15.000.000 $18.333333 Tax Owed 15% of amount beyond $0 57.50025% of amount beyond $50,000 $13.750 -34% of amount beyond $75.000 $22.250 +39% of amount beyond $100,000 $113,900 -34% of amount beyond $335.000 $3,400,000+35% of amount beyond $10,000,000 $5,150.000 +38% of amount beyond $15,000,000 35% on all income $10.000.000 $15.000.000 $18.333333 $4.942,000 $4,842.000 $4.406,220 $5376620 54018860
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