Consider the situation below showing the weekly income tax of a single (civil status) employee in a certain country. Salary ... Amount of Income Tax Over But not over $0 $44 $0 $44 $222 $0 + 10% of excess over $44 $222 $764 $17.80 + 15% of excess over $222 $764 $1,789 $99.10 + 25% of excess over $764 $1,789 $3,685 $355.35 + 28% of excess over $1,789 $3,685 $7,958 $886.23 + 33% of excess over $3,685 $7,958 $7,990 $2,296.32 + 35% of excess over $7,958 $7,990 $2,307.52 + 39.6% of excess over $7,990 If an employee's income tax is $1,980.18, what is her weekly salary?Do not include a dollar sign, a space, or a comma. Blank 1

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter8: Payroll Accounting: Employee Earnings And Deductions
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Consider the situation below showing the weekly income tax of a single (civil status) employee in a certain country.
Salary
...
Amount of Income Tax
Over
But not over
$0
$44
$0
$44
$222
$0 + 10% of excess over $44
$222
$764
$17.80 + 15% of excess over $222
$764
$1,789
$99.10 + 25% of excess over $764
$1,789
$3,685
$355.35 + 28% of excess over $1,789
$3,685
$7,958
$886.23 + 33% of excess over $3,685
$7,958
$7,990
$2,296.32 + 35% of excess over $7,958
$7,990
$2,307.52 + 39.6% of excess over $7,990
If an employee's income tax is $1,980.18, what is her weekly salary?Do not include a dollar sign, a space, or a comma. Blank 1
Blank 1
Add your answer
Transcribed Image Text:Consider the situation below showing the weekly income tax of a single (civil status) employee in a certain country. Salary ... Amount of Income Tax Over But not over $0 $44 $0 $44 $222 $0 + 10% of excess over $44 $222 $764 $17.80 + 15% of excess over $222 $764 $1,789 $99.10 + 25% of excess over $764 $1,789 $3,685 $355.35 + 28% of excess over $1,789 $3,685 $7,958 $886.23 + 33% of excess over $3,685 $7,958 $7,990 $2,296.32 + 35% of excess over $7,958 $7,990 $2,307.52 + 39.6% of excess over $7,990 If an employee's income tax is $1,980.18, what is her weekly salary?Do not include a dollar sign, a space, or a comma. Blank 1 Blank 1 Add your answer
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