The U.S. Corporate Tax Rate Schedule is shown below. EXHIBIT 11.6 US. Corporate Tax Rate Schedule in 2016 Juke the tax system for individuals, the tax system for corporations in the United States is propres SIY with marginal tax rates ranging from 15 percent to as high as 39 percent Tuulile Income More But Not Tham More Than Tax Owed 90 550.000 155 of mount beyond so $50.000 $75.000 $7.500 - 25% of mount beyond 550,000 5751X00 $10000 513750+ of not beyed 575.00 $100,000 $335.000 $22,250 39% of mount beyond $100.000 5335.000 S10.000.000 5113.900- of amont beyond $335.000 $10,000 $15.000.000 $3,400,000 + 35% of ant beyond 510.000.000 $15.000.000 S18 333.333 $5,150,000+386 of beyond $15.000.000 518333333 356 online (a) a) Your answer has been saved. See score details after the due date What was the marginal tax rate of a corporation that had a taxable income of $11.105 million in 2016? (b) IL What was the average tax rate of a corporation that had a taxable income of $11.105 million in 2016? (Round answer to 1 decimal place, eg. 17,5%.) Average tax rate Save for Later Attempts: 0 of 1 used Submit Amwer