As an incentive,Sport Enterprises awards an annual bonus to its branch managers.This year,the bonus for the Bridgeport branch was $44,000.The bonus agreement provides that each branch manager receives a bonus of 14 percent of the branch income after deductions for the bonus and for income taxes.The income tax rate is 30 percent.
Determine the income for the Bridgeport branch before the deductions for the bonus and the income taxes.

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The Answer of As an incentive,Sport Enterprises awards an annual bonus to its branch managers.This year,the bonus for the Bridgeport branch was $44,000.The bonus agreement provides that each branch manager receives a bonus of 14 percent of the branch income after deductions for the bonus and for income taxes.The income tax rate is 30 percent.
Determine the income for the Bridgeport branch before the deductions for the bonus and the income taxes.

As an Incentive,Sport Enterprises Awards an Annual Bonus to Its