Refer to the corporate rate schedule in Appendix C.
a. What are the tax liability, the marginal tax rate, and the average tax rate for a corporation with $22,500 taxable income?
b. What are the tax liability, the marginal tax rate, and the average tax rate for a corporation with $150,500 taxable income?
c. What are the tax liability, the marginal tax rate, and the average tax rate for a corporation with $17,500,000 taxable income?
d. What are the tax liability, the marginal tax, rate, and the average tax rate for a corporation with $50,500,000 taxable income?

Data From Appendix C.

CORPORATE TAX RATES
If taxable income is:                                                                                 The tax is:
Not over $50,000                                                                                15% of taxable income
Over $50,000 but not over $75,000                                                 $7,500 + 25% of the excess over $50,000
Over $75,000 but not over $100,000                                               $13,750 + 34% of the excess over $75,000
Over $100,000 but not over $335,000                                             $22,250 + 39% of the excess over $100,000
Over $335,000 but not over $10,000,000                                        $113,900 + 34% of the excess over $335,000
Over $10,000,000 but not over $15,000,000                                   $3,400,000 + 35% of the excess over $10,000,000
Over $15,000,000 but not over $18,333,333                                   $5,150,000 + 38% of the excess over $15,000,000
Over $18,333,333                                                                                 $6,416,667 + 35% of the excess over $18,333,333