b. What if assets equal S5,y orporation 18. Marginal versus Average Tax Rates [LO3] (Refer to Table 2.3.) Corno Growth has $89,500 in taxable income, and Corporation Income has $8,950,000 axable income. a. What is the tax bill for each firm? b. Suppose both firms have identified a new project that will increase taxable income by $10,000. How much in additional taxes will each firm pay? Why is this amount the same