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Please explain with steps! If harrelson Corp has an EBIT of 125,000 how much will they owe in taxes? From the previous problem (Harrelson Corp

Please explain with steps!

If harrelson Corp has an EBIT of 125,000 how much will they owe in taxes?

From the previous problem (Harrelson Corp with the EBIT of $125,000), what is their average tax rate and marginal tax rate respectively?

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