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Find the marginal tax rate for the following levels of corporate earnings before?taxes: $10,600?; $78,300?; $300,000?; $505,000?; $1,700,000?; $9.9 ?million; and $19.8 million. The tax

Find the marginal tax rate for the following levels of corporate earnings before?taxes: $10,600?; $78,300?; $300,000?; $505,000?; $1,700,000?; $9.9 ?million; and $19.8 million.

The tax liability for earnings before taxes of $10,600 is ?$__________

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Average corporate tax rates Using the corporate tax rate schedule given here (1 ), perform the following: a. Calculate the tax liability, after-tax earnings, and average tax rates for the following levels of corporate earnings before taxes: $10.600; $78,300; $300,000; $505,000; $1.7 million; $9.0 million; and $10.8 million. b. Plot the average tax rates (measured on the y axis) against the pretax income levels (measured on the x axis). What generalization can be made concerning the relationship between these variables? a. Find the marginal tax rate for the following levels of corporate earnings before taxes: $10,600; $78,300; $300,000; $505,000; $1,700,000; 39.9 million; and $10.8 million. The tax liability for eamings before taxes of $10.600 is $ . (Round to the nearest dollar.) More Info X Corporate Tax Rate Schedule Tax calculation Range of taxable income Base tax + (Marginal rate *amount over base bracket) 30 to $50,000 + (15% x amount over 30) 50,000 to 75,000 7,500 + (25% X amount over 50,000) 75,000 to 100,000 13,750 + (34% x amount over 75,000) 100,000 to 335,000 22,250 + (30% x amount over 100,000) 335,000 to 10,000,000 113,900 + (34% X amount over 335,000) 10,000,000 to 15,000,000 3,400,000 + (35% x amount over 10,000,000) 15,000,000 to 18,333,333 5, 150,000 + (38% x amount over 15,000,000) Over 18,333,333 6,416,657 + (35% x amount over 18,333.333] Print Done Enter your answer in the answer box and then click Check

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