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Bama & Co. owes a total of 21,684 in taxes for this year. The taxable income is $61,509. If the firm earns $100 more in

Bama & Co. owes a total of 21,684 in taxes for this year. The taxable income is $61,509. If the firm earns $100 more in income, it will owe addititional $56 in taexs. What is the average tax rate on income of $61,609?

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