3) Suppose that your company generated $243,000 in taxable income last year. Using the rates from the table below, calculate the company's income taxes. What is the average tax rate? What is the marginal tax rate? Which tax rate is most relevant for financial decision making (such as investing in a new project). You must show your work to receive credit. Corporate tax rates TABLE 2.3 Taxable Income Tax Rate 0- 50,000 15% 50,001- 75,000 25 75,001- 100,000 34 100,001- 335,000 39 335,001-10,000,000 10,000,001- 15,000,000 18,333,334+ 34 35 15,000,001-18,333,333 38 35