0,000 30,000 Total Tax $ 7,972 40,000
Chapter24: Multistate Corporate Taxation
Section: Chapter Questions
Problem 26P
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Question
Status | Single | DATA TABLE | |||
Total Tax Payments | $ 8,342 | ||||
Taxable Income | $ 55,060.00 | 20,000 | |||
30,000 | |||||
Total Tax | $ 7,972 | 40,000 | |||
Refund Amount | |||||
Amount Owed |
Use Goal Seek to find the Taxable Income (C5) that results in the Total Tax (C7) shown.
Answer to the nearest 0.01. Do not include any punctuation ($ or ,) in your answer!
Example of accepted answer: 12345.67
Examples of incorrect answers: $12,345.67, 12,345.67, $12345.67
Taxable Income | Total Tax |
---|---|
Answer | $2,600 |
Answer | $4,200 |
Answer | $8,500 |
Answer | $10,500 |
Answer | $22,000 |
Be sure to answer to the neared 0.01.
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