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Boisjoly Productions had taxable income of $ 1 9 . 4 million. a . Calculate Boisjoly's federal income taxes using the tax table shown in

Boisjoly Productions had taxable income of $19.4 million.
a. Calculate Boisjoly's federal income taxes using the tax table shown in the popup window:
LOADING...
.
b.Now calculate Boisjoly's average and marginal tax rates.Taxable Income
Marginal Tax Rate
$0$50,000
15%
$50,001$75,000
25%
$75,001$100,000
34%
$100,001$335,000
39%
$335,001$10,000,000
34%
$10,000,001$15,000,000
35%
$15,000,001$18,333,333
38%
Over $18,333,333
35%
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