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Oakdale Fashions, Inc., had $430,000 in 2015 taxable income. Use the tax schedule in Table 2.3 to calculate the company's 2015 income taxes. Income taxes

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Oakdale Fashions, Inc., had $430,000 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 1% What is the marginal tax rate? Marginal tax rate

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