document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1115688>Question 1115688</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Clarissa's income put her in the bottom tax bracket (10%) last year. During te same year she earned $250 in dividends and $75 in coupons on a government bond. In February she purchased a common stock for $425. She sold the same stock eight months later for $600. What is the total Clarissa will pay in taxes on last year investments? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #730580 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=730580\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> last year, she earned:\r<BR>\n" );
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document.write( "250 in dividends.<BR>\n" );
document.write( "75 in coupons.<BR>\n" );
document.write( "profit of 600 - 425 = 175 from her stock investment.\r<BR>\n" );
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document.write( "her total income is 250 + 75 + 175 = 500.\r<BR>\n" );
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document.write( "if all of this is taxed at 10%, then her tax will be 500 * .1 = 50.\r<BR>\n" );
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