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8. Use the following tax table to answer this question: Taxable Income Tax Rate $0 $50,000 50,001 75,000 75,001 100,000 100,001 335,000 335,001- 10,000,000 15%

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8. Use the following tax table to answer this question: Taxable Income Tax Rate $0 $50,000 50,001 75,000 75,001 100,000 100,001 335,000 335,001- 10,000,000 15% 25 34 39 34 A company has taxable income of $205,100. How much does it owe in taxes? 9. In the above question, what were the firm's marginal and average tax rates

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