$($Corporate income tax$)$ Boisjoly Productions had taxable income of $$19\mathrm{.}5$ million.

a$.$ Calculate Boisjoly's federal income taxes using the tax table shown in the popup window:

b$.$ Now calculate Boisjoly's average and marginal tax rates.

a$.$ The firm's tax liability for the year is $ $($Round to the nearest dollar.$)$

Data table

$\backslash$table$[[$Taxable Income,Marginal Tax Rate$],[$$$0-$$$50,000,15\%$