Sandhill Casino Company earned $23,451,149 before interest and taxes for the fiscal year ending March 31, 2017. If the casino had interest expenses of $1,645,594, calculate its tax obligation using Exhibit 3.6. Exhibit 3.6 US. Federal Corporate Income Tax Rates for 2016 The federal corporate marginal tax rate varies from 15 to 39 percent. Generally speaking, smaller companies with lower taxable income have lower tax rates than larger companies with higher taxable incomes. Smaller businesses are given preferential treatment to encourage new business formation. Marginal Tax Rate: Tax Rate on the Excess Over the Base 15% Corporations' Taxable Income $0-$50,000 50,001-75,000 75,001100,000 100,001335,000 335,00110,000,000 10,000,00115,000,000 15,000,001-18,333,333 More than 18,333,333 Pay This Amount on the Base of the Bracket $ 0 7,500 13,750 22.250 113.900 3,400,000 5,150,000 6,416,667 25 34 39 34 35 38 35 Average Tax Rate at Top of Bracket 15.0% 18.3 22.3 34.0 34.0 34.3 35.0 35.0 What are the marginal and the average tax rates for this company? (Round answers to O decimal places, e.g. 17%.) Marginal tax rate % Average tax rate %