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QUESTION 2 Given the tax rates as shown, what is the average tax rate for a firm with taxable income of $218,700? Taxable Income Tax

QUESTION 2 Given the tax rates as shown, what is the average tax rate for a firm with taxable income of $218,700? Taxable Income Tax Rate (6) SO- - 50,000 001-75,000 15 25 34 39 so 75,001-100,000 O 32 09% 3388% O 31.34% 34 64% 39 00%

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