A corporation has a taxable income of $2,200,000. Using the tax table below, calculate the following: 1. Tax Liability 2. Average Tax Rate 3. Marginal Tax Rate Tax Rate % 15 25 Taxable Income Range $0 - $45,000 $45,001 - $70,000 $70,001 - $95,000 $95,001 - $250,000 $250,001 - $1,000,000 $1,000,000 - $17,500,000 34 39 34 38 Show your work here. You will not receive credit without showing your work. Highlight your answers