Gerry is a resident of Quebec and has been with the same employer, XYZ company for the last 3 years. Facts: Gerrys gross salary in 2022: $96,000 ignore non-refundable tax credits for this problem

a) calculate Gerrys taxes payable using the following federal and Quebec tax brackets and tax rates:

First 46,295 at 27.53%

Over 46,295 up to 50,197 at 32.53%

Over 50,197 up to 92,580 at 37.12%

Over 92,580 up to 100,392 at 41.12%

b) Calculate Gerrys average tax rate and marginal tax rate.