Return to Blackboard Parrino, Essentials of Corporate Finance, le Help System Announcements Problem 10.17 (Part Level Submission) Given the U.S. Corporate Tax Rate Schedule shown below, and a corporation that generates a taxable income of $14,600,000 in 2012, EXHIBIT 10.6 U.S. Corporate Tax Rate Schedule in 2012 Just like the tax system for individuals, the tax system for corporations in the United States is progressive, with marginal tax rates ranging from 15 percent to as high as 39 percent. Taxable incomo More But Not Than More Than Tax Owed $0 $50.000 15 of amount beyond so $50,000 $75,000 $7.500 + 25% of amount beyond $50,000 $75,000 $100.000 $13.750 + 34% of amount beyond $75,000 $100,000 $335.000 $22.250+ 39 of amount beyond $100,000 $335.000 $10.000.000 $113.900 + 34% of amount beyond $335.000 $10,000,000 $15.000.000 $3.400,000 + 35 of amount beyond $10.000.000 $15.000.000 $18.333.333 $5.150.000 + 38 of amount beyond $15,000,000 $18,333,333 35Non all income (a) What is the marginal tax rate? Marginal tax rate Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT