Question Use the following tax table to answer this   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 $930,000. How much does it owe in taxes? Group of answer choices $309,790 $$233,100 $141,750 $154,800 $$220,500

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Use the following tax table to answer this
 

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 $930,000. How much does it owe in taxes?

Group of answer choices

$309,790

$$233,100

$141,750

$154,800

$$220,500

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Community Answer
R8HNBJ

【General guidance】The answer provided below has been developed in a clear step by step manner.Step1/1We will calculate tax on the basis of given slab rate \( \begin{align*} \mathrm{Tax} & = \mathrm{{9{,}525}\times{10}\%+{\left({\left({38{,}700}-{9{,}525}\right)}\times{12}\%\right)}+{\left({\left({82{,}500}-{38{,}700}\right)}\times{22}\%\ri ... See the full answer