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10.Using the marginal tax rate below, calculate the tax liability for A.B.C Company when it has a taxable income of $ 16,000,000 Marginal tax rate:

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10.Using the marginal tax rate below, calculate the tax liability for A.B.C Company when it has a taxable income of $ 16,000,000 Marginal tax rate: $0 - 50,000 15% $50,000 - 75,000 25% $75,000 - 10,000,000 34% above 10,000,000 35% Additional: 5% on income between $100,000 - $335,000 3% on income between $15,000,000 - $18,333,333 Select one: a. 2,000,000 b. 10,000,000 C. 5,530,00 d. 3,000,000

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