A Question 35 Use the tax rate taken from Exhibit 11.6 below to calculate the average tax bill for Larbine that your Income was $11,000,000 (Round final answer to nearest whole percent.) Exhibit 11.6 U.S. Corporate Tax Rate Schedule in 2007 Taxable income More But Not More Than Than Tax Owed $0 $50,000 15% of amount beyond 50 $50,000 $75,000 $7,500 425% of amount beyond $50,000 $75.000 $100,000 $13,750 +34% of amount beyond $75.000 $100,000 $335,000 $22,250 +39% of amount beyond $100,000 $335,000 $10,000,000 $113,900 +34% of amount beyond 5335,000 $10,000,000 $15,000,000 $3,400,000 -35% of amount beyond $10,000,000 $15,000,000 $18,333,333 $5,150,000 +38% of amount beyond $15,000,000 $18,333,333 35% on all income $3,400,000 $3,500,000 No new data tot $3,750,000 Mac $5,150,000