13. Taxable Income Tax rate

$0-50,000 15%

50,001-75,000 25%

75,001-100,000 34%

100,001-335,000 39%

given the tax rate as shown, what is the average tax rate for a firm with taxable income of $289,740?

• 35.87 percent
• 35.68 percent
• 39.00 percent
• 33.22 percent
• 34.67 percent