Question 5: The corporate tax table of some country is shown below in US dollars. Any income above $100,000 is taxed at a rate of 50%. Sketch a diagram for this table showing the taxes paid vs. the income. Put the income on X-axis (range 0 to $150,000). Above Rate $0 $25,000 6% $25,000 $50,000 15% $50,000 $100,000 30% $100,000 Any amount 50% If a corporation income is $120,000, what would be the amount of tax, show this amount on your sketch. What is the average tax rate of this income