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Fairfield, Inc., has a taxable income of $88,000 for 2022 . Consider the following tax table. The average tax rate is and the marginal tax

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Fairfield, Inc., has a taxable income of $88,000 for 2022 . Consider the following tax table. The average tax rate is and the marginal tax rate is 17.75%;20% 18.52%20% 17.75%;34% 19.23%;20% 18.52%;34% 19.23%;34%

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