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Oakdale Fashions, Inc., had $285,000 in 2015 taxable income. Use the tax schedule inTable 2.3to calculate the companys 2015 income taxes. Income taxes $ What

Oakdale Fashions, Inc., had $285,000 in 2015 taxable income.

Use the tax schedule inTable 2.3to calculate the companys 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 %

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