The Tax Rates Are as Shown A)€7,004
B)€7,014
C)€7,140
D)€7,160
E)€7,174

Multiple Choice

The tax rates are as shown.Your firm currently has taxable income of €79,400.How much additional tax will you owe if you increase your taxable income by €21,000?
$$\begin{array} { | l | l | } \hline \text { Taxuble Inctame } & \text { Tax Rate } \\\hline €0 - 50,000 & 15 \% \\\hline 50,001 - 75,000 & 25 \% \\\hline 75,001 - 100,000 & 44 \% \\\hline 100,001 - 335,000 & 29 \% \\\hline\end{array}$$

A) €7,004
B) €7,014
C) €7,140
D) €7,160
E) €7,174