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Meyer Inc. has tacable income ( earnings before taxes ) of $ 3 0 6 , 0 0 0 . Calculate Meyers federal income tax

Meyer Inc. has tacable income (earnings before taxes) of $306,000. Calculate Meyers federal income tax liability using the tax table shown in the popup window. What are the firm's averave and madginal tax rates?
The firms tax liability for the year is $___
The firm's aberage tax rate is __%
The firms marginal tax rate is __%
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