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Table 12-2
Consider the Tax Rates Shown in the Table

Question 20

Multiple Choice

Table 12-2
Consider the tax rates shown in the table below.
 Tax Rate  Income Range 8%015,00016%15,00035,00024%35,00075,00034%75,000145,00036%145,000330,00038% over 330,000\begin{array} { | c | c | } \hline \text { Tax Rate } & \text { Income Range } \\\hline 8 \% & 0 - 15,000 \\\hline 16 \% & 15,000 - 35,000 \\\hline 24 \% & 35,000 - 75,000 \\\hline 34 \% & 75,000 - 145,000 \\\hline 36 \% & 145,000 - 330,000 \\\hline 38 \% & \text { over } 330,000 \\\hline\end{array}
-Refer to Table 12-2.If Mateo has taxable income of 165,000 dinar,his tax liability is


A) 23,800.
B) 36,000.
C) 45,000.
D) 47,698.

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