Ossie owns some property which has an assessed value of $174,800. Find the tax due if the tax rate is $8.88 per $100 of the assessed value. (Round your answer to the nearest cent.) A. $1,552.22 B. $13,809.20    C. $15,382.40 D. $15,522.24

Income Tax Fundamentals 2020
38th Edition
ISBN:9780357391129
Author:WHITTENBURG
Publisher:WHITTENBURG
Chapter12: Tax Administration And Tax Planning
Section: Chapter Questions
Problem 21MCQ
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Ossie owns some property which has an assessed value of $174,800. Find the tax due if the tax rate is $8.88 per $100 of the assessed value. (Round your answer to the nearest cent.)
A. $1,552.22
B. $13,809.20   
C. $15,382.40
D. $15,522.24
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