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The tax rates are as shown. Your firm currently has taxable income of $ 8 3 , 2 0 0 . ( format: keep 1

The tax rates are as shown. Your firm currently has taxable income of $83,200.
(format: keep 1 digit after the decimal point and in percent. For example: 10.2%)
What is the average tax rate?
What is the marginal tax rate?
What shall be the taxable income used to determine the marginal tax rate? A or B
A. $83200
B. $83201
Taxable Income
Tax Rate (%)
$050,000
15
50,00175,000
25
75,001100,000
34
100,001335,000
39

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