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( Corporate income tax ) Meyer Inc. has taxable income ( earnings before taxes ) of $ 3 0 6 , 0 0 0 .
Corporate income tax Meyer Inc. has taxable income earnings before taxes of $ Calculate Meyer's federal income tax liability using the tax table shown in the popup window: What are the firm's average and marginal tax rates?
The firm's tax liability for the year is $ Round to the nearest dollar.
Data table
tableTaxable Income,Marginal Tax Rate$$
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