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The tax liability of a corporation with ordinary income of $105,000 is ________. Range of taxable income Marginal rate $ 0 to $ 50,000 15%

The tax liability of a corporation with ordinary income of $105,000 is ________.

Range of taxable income Marginal rate

$ 0 to $ 50,000 15%

50,000 to 75,000 25

75,000 to 100,000 34

100,000 to 335,000 39

335,000 to 10,000,000 34

10,000,000 to 15,000,000 35

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