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Hello, how do I calculate the average tax rate in the following exercise? 62.Given the tax rates as shown, what is the average tax rate

Hello, how do I calculate the average tax rate in the following exercise?

62.Given the tax rates as shown, what is the average tax rate for a firm with taxable income of $126,500?

Taxable IncomeTax Rate

$0 -50,00015%

50,001 -75,00025%

75,001 -100,00034%

100,001 -335,00039%

a.21.38 percent

b.23.88 percent

c.25.76 percent

d.34.64 percent

e.39.00 percent

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