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(Corporate income tax) Meyer Inc. has taxable income (earnings before taxes) of $307,000. Calculate Meyer's fecteral income tax liability using the tax table shown in

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(Corporate income tax) Meyer Inc. has taxable income (earnings before taxes) of $307,000. Calculate Meyer's fecteral 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

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