According to the bureau of labor statistics, in 2014, the average annual salary for a medical assistant was $31,220. assuming that a medical assistants' salary puts them in the 20% income tax bracket, determine the medical assistant’s net income (income after taxes are taken out).

$24,976

Step-by-step explanation:

We know that the average annual salary for a Medical Assistant was $31,220.

So if the Medical Assistants' salary puts them in the 20% income tax bracket, we can find out the net income, after all the taxes are taken out.

If 20% of the Medical Assistants' salary goes to the income tax then the remaining (100-20=) 80% must be his net income.

So calculating the 80% of his annual salary to find his net income:

Therefore, a Medical Assistants' net income is $24,976.

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step-by-step explanation:

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