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(Corporate income tax) Bolsjoly Productions had taxable income of $19.5 million a. Calculate Bolsjoly's federal income taxes using the tax table shown in the popup

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(Corporate income tax) Bolsjoly Productions had taxable income of $19.5 million a. Calculate Bolsjoly's federal income taxes using the tax table shown in the popup window. b. Now calculate Bolsjoly's average and marginal tax rates A1 1x v fx X fx Taxable Income B Marginal Tax Rate 15% 25% 34% 39% 34% 1 Taxable income 2 $0-$50,000 3 $50,001-$75,000 4 $75,001-$100,000 5 $100,001-$335,000 6 $335,001-$10,000,000 7 $10,000,001-$15,000,000 8 $15,000,001-$18,333,333 9 Over $18,333,333 10 11 12 13 14 35% 38% 35%

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