Six friends attended a matinee movie and spent $9.50 Per ticket. They also purchase a small bag of popcorn each. If the friends spend a total of $78.00, how much does each small bag of popcorn cost?

$3720

step-by-step explanation:

taxable income = $31000

as per the 2018-2019 us tax bracket, the tax rate is 12% for an individual whose taxable income is between $9,526 to $38,700.

so, the tax to be paid by him = 12% of 31000

= 0.12 * 31000     [12% converted to decimal as 0.12]

= $3720