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The corporate tax table of some country is shown below in US dollars. Any income above $100,000 is taxed at a rate of 50%. Sketch

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The corporate tax table of some country is shown below in US dollars. Any income above $100,000 is taxed at a rate of 50%. Sketch a diagram for this table showing the taxes paid vs the income. Put the income on X-axis (range 0 to $150,000) If a corporation's income is $120,000 1. what would be the amount of tax? 2. Show this amount on your sketch. 3. What is the average tax rate of this income

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