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A Sun & Sand Co. taxable income of $330000. Taxable Income Tax Rate $ 0 - 75000 15% 75001 100000 25% 100001 - 200000 29%

A Sun & Sand Co. taxable income of $330000.

Taxable Income Tax Rate

$ 0 - 75000 15%

75001 100000 25%

100001 - 200000 29%

200001 - 250000 38%

250001 - 400000 35%

a. What is the tax amount of Sun & Sand Co.? (6 marks)

b. Calculate the average tax rate. (2 marks)

c. What is its marginal tax rate? (2 marks)

please answer the three questions

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