No hand notes please. See the attached and help me to solve "C." by providing a step-by-step process to the outcome in laymens terms and round to the nearest cent as needed. If you're using an online calculator to process please advise on how your coming to your calculations. Please see attached and help with C. The table below shows a recent state income tax schedule for individuals filing a return.SINGLE, HEAD OF HOUSEHOLD, OR MARRIED FILING SEPARATESINGLE, HEAD OF HOUSEHOLD, OR MARRIED FILING SEPARATEIf taxable income isOverBut Not Over$0$15,000$30,000$15,000$30,000Tax Due Is3% of taxable income$450 plus 6% of excess over $15,000$1350.00 plus 6.6% of excess over $30,000.a. Write a piecewise definition for the tax due T(x) on an income of x dollars.0.03xif 0 ≤x≤ 15,000T(x)= 0.06x-450if 15,000

Income tax is that amount which is paid by the taxpayer to government on its earned income during…

Answered: The table below shows a recent state…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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No hand notes please. See the attached and help me to solve "C." by providing a step-by-step process to the outcome in laymens terms and round to the nearest cent as needed. If you're using an online calculator to process please advise on how your coming to your calculations. Please see attached and help with C.

The table below shows a recent state income tax schedule for individuals filing a return.
SINGLE, HEAD OF HOUSEHOLD, OR MARRIED FILING SEPARATE
SINGLE, HEAD OF HOUSEHOLD, OR MARRIED FILING SEPARATE
If taxable income is
Over
But Not Over
$0
$15,000
$30,000
$15,000
$30,000
Tax Due Is
3% of taxable income
$450 plus 6% of excess over $15,000
$1350.00 plus 6.6% of excess over $30,000.
a. Write a piecewise definition for the tax due T(x) on an income of x dollars.
0.03x
if 0 ≤x≤ 15,000
T(x)= 0.06x-450
if 15,000<x<30,000
0.066x630 if 30,000 < x
c. Find the tax due on a taxable income of $26,785.
(Round to the nearest cent as needed.)

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