The Dyrdek Co. had $264,000 in 2014 taxable income. Use the tax rates from Table 2.3. What is the average tax rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Average tax rate %

What is the marginal tax rate? (Enter your answer as a percent rounded to the nearest whole number, e.g., 32.)

Marginal tax rate %

Taxable Income Tax rate $0-50000 15% 50001-75000 25 75001-100000 34 100001-335000 39 335001-10000000 34 10000001-15000000 35 15000001-18333333 38 18333334+ 35