Compute the corporate tax paid by a firm

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Question - Compute the corporate tax paid by a firm with taxable income of $300,000, given the following tax tables.

$0 - $50,000

15%

$50,000 - $75,000

25%

$75,000 - $100,000

34%

$100,000- $335,000

39%

Reference no: EM133147505

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