Ben Fasby has taxable income of $7,000, and the following tax rate sch

Ben Fasby has taxable income of $7,000, and the following tax rate schedule is applicable:
Taxable Income Tax Rate
$0 to $3,400 0 %
$3,400 to $5,500 12 %
$5,500 to $7,600 14 %

Ben’s tax liability is

A)

$980.
B)

$210.
C)

$462.
D)

$870.

 

 

ANSWER

C

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