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number 5 Business File Homework: Chapter 3 Homework 5 of 8 (3 complete) HW Score: 0 of 1 pt P3-10 (similar to) (Corporate income tax)

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Business File Homework: Chapter 3 Homework 5 of 8 (3 complete) HW Score: 0 of 1 pt P3-10 (similar to) (Corporate income tax) Boisjoly Productions had taxable income of $19.3 million. a. Calculate Boisjoly's federal income taxes using the tax table shown in the popup window: b. Now calculate Boisjoly's average and marginal tax rates. Data Table Taxable income Marginal Tax Rate $0 - $50,000 15% $50,001 - $75,000 25% $75,001 - $100,000 3 4% $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% Print Done

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