10. Your company reports taxable income of S100,000. What is the firm's tax bill, assuming a flat tax rate of 21%? AS 21.000 B. S 63.000 C. S108,750 D. $117,000 E. $152.250 11. Under a progressive tax system, if a corporation earns $50,001, its marginal tax rate will be (see the tax table below) A. 0% B. 25% C. 34% D. 39% E. 100% Taxable Income SO - $50,000 $50,001 - $75,000 $75,001 - $100,000 ,001 - $335.000 Tax Rate 15% 25% 34% 39% the progressive systen