The SGS Co. had $131,000 in taxable income. Use the rates from Table 2.3. Required: Calculate the company’s income taxes. (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations.) Income taxes $

The SGS Co. had $131,000 in taxable income. Use the rates from Table 2.3.  

Required:

Calculate the company’s income taxes. (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations.)

 

Income taxes

$