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K Part 1 of 3 points O Points: 0 of 10 of 80 Save (Corporate income tax) Barrington Enterprises earned $4.4 million in taxable

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K Part 1 of 3 points O Points: 0 of 10 of 80 Save (Corporate income tax) Barrington Enterprises earned $4.4 million in taxable income (eamings before taxes) during its most recent year of operations. Use the corporate tax rates shown in the popup window, to calculate the firm's tax liability for the year. What are the firm's average and marginal tax rates? + BEDD The firm's tax liability for the year is $ (Round to the nearest dollar.) porate income tax) Barrington Enterprises earned $4.4 million in taxabl table Taxable Income Marginal Tax Rate $0-$50,000 15% $50,001-$75,000 25% $75,001-$100,000 34% $100,001-$335,000 39% $335,001-$10,000,000 34% $10,000,001-$15,000,000 35% $15,000,001-$18,333,333 38% Over $18,333,333 35% the icon in order to copy its contents into a spreadsheet.) Print Done

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