Take the following before tax income levels and calculate the tax liability for the company.

Also determine the average and marginal tax rates for the company.

A. $60,000: Tax liability:

Net Income

Average tax rate:

Marginal Tax rate:

A. $60,000: Tax liability:

Net Income

Average tax rate:

Marginal Tax rate:

B. $100,000: Tax liability:

Net Income

Average tax rate:

Marginal Tax rate:

C. $800,000: Tax liability:

Net Income:

Average tax rate:

Marginal Tax rate:

D. $1,900,000: Tax liability:

Net Income :

Average tax rate:

Marginal Tax rate:

E. $20,000,000: Tax liability:

Net Income:

Average tax rate:

Marginal Tax rate: