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Corporate income The Rubens Corporation is an a wholesaler. The femme sales last year were 51.06 million with the most of goods sold equal to

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Corporate income The Rubens Corporation is an a wholesaler. The femme sales last year were 51.06 million with the most of goods sold equal to $650 000. The firm paid internet of 5197 500 and concerating perses wire St000 Abo, the tem received 42.000 individend income from a firm in which ha fem owned 22% of the shares, while paying only $15.000 in die tots stockholders Depreciation agent was soon. Use the capax on the popup window to computere max aby What are the image and magia? The Robins Corporate Sexably for the years and to restor) The owwwe wound wech) The moment (Roond to the rest eget Data Table Table income Margit 50-550,000 15% $50,001 - 175.000 25 575,001 - 5160,000 SN $500,001 - 3335.000 5335.001 - $10,000,000 $10.000,001 - 515.000.000 $15.000,001-91333,333 Over 10.333,333 3 (CRO) Done (Corporate income tax) Barrington Enterprises earned $3.4 million in taxable income (earings before taxes) during its most recent year of operations. Use the corporate tax rates shown in the popup window, to calculate the firm's tax liability for the year. What are the firm's average and marginal tax rates? The firm's tax liability for the year is $ (Round to the nearest dollar) The firm's average tax rato is %. (Round to two decimal places.) The firm's marginal tax rate is % (Round to the nearest Integer.) Data Tablo 1 Taxable income Marginal Tax Rate $0-$50,000 15% $50,001 - $75,000 25% 575,001 - $100,000 34% $100,001 - $335,000 39% $335,001 - $10,000,000 34% $10,000,001 - 515,000,000 35% $15,000,001 - 518,333,333 38% Over $18,333,333 35% (Click on the con D In order to copy its contents into a spreadshot) For your answer in each of the answer boxes. Print Done Save for Later

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