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Business, 09.02.2022 03:00 gedntrxAa

Problem 3-51 (LO 3-4) (Algo) Skip to question [The following information applies to the questions displayed below.] Tawana owns and operates a sole proprietorship and has a 37 percent marginal tax rate. She provides her son, Jonathon, $9,500 a year for college expenses. Jonathon works as a pizza delivery person every fall and has a marginal tax rate of 15 percent. Problem 3-51 Part-b (Algo) b. How much pretax income does it currently take Tawana to generate the $9,500 (after-taxes) given to Jonathon

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