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The SGS Co. had $251,037 in taxable income. Using the rates from the table below, calculate the companys income taxes. What is the average tax

The SGS Co. had $251,037 in taxable income. Using the rates from the table below, calculate the companys income taxes. What is the average tax rate? Enter your answer with 4 decimals (e.g. 0.1234).

image text in transcribed TABLE 2.3 Corporate tax rates

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