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Marginal versus Average Tax Rates. ( Refer to Table 2 . 3 . ) Corporation Growth has $ 7 6 , 5 0 0 in

Marginal versus Average Tax Rates. (Refer to Table 2.3.) Corporation Growth has $76,500 in taxable income, and Corporation Income has $7,650,000 in taxable income.
a. What is the tax bill for each firm?
b. Suppose both firms have identified a new project that will increase taxable income by $10,000. How much in additional taxes will each firm pay? Why is this amount the same?
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