Slang Company included the following information in its statement of income Excerpts from Statement of income $10.000.000 7.500.000 Income before income tax 2.500.000 Income tax provision GB000 Net income $2012.000 A Calculate Sang's effective tax rate based on the above information Assuming Slang is not elgble for any tax credits what is the amount of income before income tax that you wou Show your calculation What is one step that Siang could take to reduce its effective tax rate below there calculated in your answer to expect to see in Sang's tax retum S ederal tax only above? You have not use your imagination) Slang Company included the following information in its statement of income: Excerpts from Statement of Income Sales $10,000,000 Expenses 7.500.000 Income before income tax 2,500,000 Income tax provision 488,000 Net income $2.012,000 A. Calculate Slang's effective tax rate based on the above information B. Assuming Slang is not eligible for any tax credits, what is the amount of income before income tax that you would expect to see in Slang's tax return (US federal tax only). show your calculation, C. What is one step that Slang could take to reduce its effective tax rate below the rate calculated in your answer to "A" above? (You have no facts, use your imagination.)