10. As of 2013 DK corporations EBIT is $150,000, their annual interest payment is $20,000, and its dividend which is decided to pay to common stockholders is $5,000. Based on the following corporate tax brackets, how much is the companys tax liability (3pts)? And what is a companys average tax rate (2pts)? Corporate tax rate Taxable income Marginal Tax rate* 0 50,000 15% 50,000 75,000 25% 75,000 100,000 34% 100,000 335,000 39% * plus this percentage on the amount over the bracket base Tax liability = $33,950 Avg tax rate = 0.2612 or 26.12%