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The tax rates for a particular year are shown below: Taxable Income Tax Rate $0 - 50,000 15% 50,00175,000 25% 75,001 100,000 34% 100,001 335,000

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The tax rates for a particular year are shown below: Taxable Income Tax Rate $0 - 50,000 15% 50,00175,000 25% 75,001 100,000 34% 100,001 335,000 39% What is the average tax rate for a firm with taxable income of $130,513? Multiple Choice O O O 39.00% 28.66% 37.07% 26.17% 20.00%

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