If provincial tax rates are 16% on the first $40,100; 20% on the next $40,100; and 24% on any income after that. If a resident had income of $135,000, then determine the average provincial tax rate. Select one: O a. 20.25% ob 21.28% O c. 20.44% Tiger's Co, has equipment with a book value of $500 that could be sold today at a 50% discount. Their inventory is valued at $400 and could be sold to a competitor for that amount. The firm has $50 in cash and customers owe them $300. What is the accounting value of their liquid assets? Select one: O a $750 O b. $1,000 O c. $700