Angela works as an accountant in a US-based law firm. She has calculated that her business’s tax liability for the previous financial year is $78,200. What is the net profit of the law firm being taxed here?

One cost-of-living indicator available on the internet shows that a salary of $40,000 in santa barbara, california, is equivalent to $14,000 in wichita, kansas. this is primarily because of housing, which is much less expensive in wichita. what does this difference say about how the federal government calculates poverty?