(Corporate income tax) Boisjoly Productions had taxable income of $19.7 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) b. The firm's average tax rate is 1% (Round to two decimal places) The firm's marginal tax rate is % (Round to the nearest integer) 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% (Click on the icon in order to copy its contents into a spreadsheet) Print Done