Oakdale Fashions, Inc., had $245,000 in 2015 taxable income. Use the tax schedule in Table 2.3 to calculate the companys 2015 income taxes.

table 2.3 Corporate Tax Rates as of 2015 Pay this Amount on Base Income Plus this Percentage on Anything Over the Base Taxable Income $0-$50,000 $50,001-$75,000 $75,001-$100,000 $100,001-$335,000 $335,001-$10,000,000 $10,000,001-$15,000,000 $15,000,001-$18,333,333 Over $18,333,333 15% 25 34 7,500 13,750 22,250 113,900 3,400,000 5,150,000 6,416,667 35 38 35 Oakdale Fashions, Inc., had $245,000 in 2015 taxable income Use the tax schedule in Table 2.3 to calculate the company's 2015 income taxes Income taxes What is the average tax rate? (Round your answer to 2 decimal places.) Average tax rate What is the marginal tax rate? Marginal tax rate