Boisjoly producations had taxable income of 19.8 million.

a. Calculate Boisjolys federal income taxes using the tax table in the picture provided

b. Now calculate Boisjoly average and marginal tax rates

the firms tax liability for the year is $____?

\begin{tabular}{l|l} \hline Taxable Income & Marginal Tax Rate \\ \hline$0$50,000 & 15% \\ \hline$50,001$75,000 & 25% \\ \hline$75,001$100,000 & 34% \\ \hline$100,001$335,000 & 39% \\ \hline$335,001$10,000,000 & 34% \\ \hline$10,000,001$15,000,000 & 35% \\ \hline$15,000,001$18,333,333 & 38% \\ \hline Over $18,333,333 & 35% \\ \hline \end{tabular} the icon in order to copy its contents into a spreadsheet.)