Question 1176332
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Hi
 $167,000 = $118,500 + $48,500

Employee's Rates:
7.65% on first $118,500 of income     = $9066.25
1.45% of income in excess of $118,500 = <u> $703.25</u>
                                        $9769.50
Wish You the Best in your Studies.
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