Corporate income tax)Boisjoly Productions had taxable income of $19.5 million.

a. Calculate Boisjoly's federal income taxes

b.Now calculate Boisjoly's average and marginal tax rates.

use the tax table shown in the popup window:

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%