1) See the tax table below for a corporations: For a firm with a taxable income of $125,000, determine the Marginal Tax rate and average tax rate:The marginal tax rate is and the average tax rate is Tax Table needed for this problem: - Taxable income : Between $100,000 to $335,000 : Tax rate : 39%; Tax calculation: $22,250+ 0.39( income over $100,000) a)39%;25.6% b)39%; 36.5% c)39%; 33.2% d)34%; 22.6%