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(Corporate income tax) Boisjoly Productions had taxable income of $19.5 million. a. Calculate Boisjoly's federal income taxes using the tax table shown in the popup
(Corporate income tax) Boisjoly Productions had taxable income of $19.5 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.) \begin{tabular}{|c|c|} \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} k on the icon in order to copy its contents into a spreadsheet.)
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