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As the result of a new product line, taxable income increases from $2,200,000 to $2,880,000. The company's average tax rate is 28.96% and marginal tax
As the result of a new product line, taxable income increases from $2,200,000 to $2,880,000. The company's average tax rate is 28.96% and marginal tax rate is 29.33%. Calculate the additional tax the company will owe
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