The Dyrdek Co. had $303,000 in 2014 taxable income. Use the tax rates from Table 2.3.

Calculate the companys 2014 income taxes. (Do not round intermediate calculations.)

The Dyrdek Co. had $267,000 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.)

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

Taxable Income Tax Rate 50,000 75,000 75,001-100,000 100,001 335,000 335,001-10,000,000 10,000,001-15,000,000 15,000,001-18,333,333 15% 25 34 39 34 35 38 35 50,001- 18,333,334+