Answer:
Explanation:
$ 86,000 lies in the category $84201 - $ 160725
Tax = 14,382.50+ 24% of the amount over $84,200
Amount over $84,200= 86,000 - 84,200 = $1,800
Tax for the amount $ 1,800 =24% * 1800 = 0.24 * 1800
= $ 432
Tax for the amount $86,000 = 14382.50 + 432
=$ 14814.50