Use the Following Tax Table to Answer This Question; $\quad$

question 55

Multiple Choice

Use the following tax table to answer this question; $\quad$$\quad$$\text { Taxable Income}$ $\quad$$\text { Tax Rate}$
$\begin{array}{|r|r|c|}\hline \$ 0- & 50,000 & 15 \% \\\hline 50,001- & 75,000 & 25 \\\hline 75,001- & 100,000 & 34 \\\hline 100,001- & 335,000 & 39 \\\hline 335,001- & 10,000,000 & 34 \\\hline\end{array}$ BT Trucking has taxable income of $617,429.How much does it owe in taxes?

• A)$96,025.86
• B)$240,797.31
• C)$118,542.79
• D)$209,925.86
• E)$201,354.82