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(Corporate Income tax) Boisjoly Productions had taxable income of $19.6 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 $19.6 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 Taxable Income Marginal Tax Rate 15% $0- 550,000 $50,001- $75,000 25% $75,001-$100,000 34% $100,001- $335,000 $335,001 -$10,000.000 39% 34% $10,000.001 -$15,000,000 35% $15,000,001-$18,333,333 30% Over $18.333,333 35% Print Done
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