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8) Thornton, Inc., had taxable income of $130,802 for the year. The company's marginal tax rate was 34 percent and its average tax rate was

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8) Thornton, Inc., had taxable income of $130,802 for the year. The company's marginal tax rate was 34 percent and its average tax rate was 23.1 percent. How much did the company have to pay in taxes for the year? A) $28,972 B) $44,473 C) $28,628 D) $27,270 E) $30,2151

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