The Anberlin Co. had $265832 in 2015 taxable income. Use the tax rates from Table 2.3. Calculate the companys average tax rate

Taxable Income Tax rate

$0-50,000 15%

50,001-75,000 25%

75,001-100,000 34%

100,001-335,000 39%

335,001-10,000,000 34%

10,000,001-15,000,000 35%

15,000,001-18,333,333 38%

18,333,334 + 35%