ABCD Company has a taxable income of $ 525,000. Using the following tax tables find the followings:

A) Total Tax Obligation 1.25 Points

B) Average Tax Rate 0.50 Points

C) Marginal Tax Rate 0.25 Points

Taxable Income Corporate Tax Rate

$ 0 - $ 50,000 ................................................15%

$ 50,000 - $ 75,000 .......................................25%

$ 75,000 - $ 100,000 .................................... 34%

$ 100,000 - $ 335,000 .................................. 39% $

335,000 - $ 10,000,000.............................. 34%