Microtech Software Corporation (MSC) was founded in 2001. The founder, Chan Li, studied at MIT and worked for a large software corporation before returning to his hometown, Centervale, to set up his own company.
The corporate tax rate structure applicable in Centervale is as follows:
Taxable IncomeTax Rate Up to $50,00015 percent From $50,001 through $150,00022 percent Income in excess of $150,00030 percent
MSC has an opportunity to invest in a project that is expected to generate an additional $55,000 of taxable income.