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TAXABLE INCOME TAX RATE $0 - $50,000 10% $50,001 - $75,000 15% $75,001 - $100,000 25% $100,001 - $250,000 28% $250,001 - $500,000 31% $500,001

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TAXABLE INCOME TAX RATE $0 - $50,000 10% $50,001 - $75,000 15% $75,001 - $100,000 25% $100,001 - $250,000 28% $250,001 - $500,000 31% $500,001 - $2,500,000 28% BT Trucking has taxable income of $629,943. Use the tax table above to calculate how much total tax it owes ($): A What is the average tax rate (%)

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