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Student, Inc. had $250,000 in 2019 taxable 1.5 income. Using the graduated rate table below, (2 points) Calculate Student, Inc.'s income tax liability. b. (2

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Student, Inc. had $250,000 in 2019 taxable 1.5 income. Using the graduated rate table below, (2 points) Calculate Student, Inc.'s income tax liability. b. (2 points) What is Student, Inc.'s average tax rate? (2 points) a. c. What is Student, Inc.'s marginal tax rate? Taxable Income Tax Rate 50,000| 15% 75,000 25 0- 50,001- 75,001- 100,000 34 100,001- 335,000 39 335,001-10,000,000 34 10,000,001-15,000,000 35 15,000,001-18,333,333|38 18,333,334-+ 35 (2 points) Calculate Student, Inc.'s income tax liability under the new flat 21% rate. d. e. What is Student, Inc.'s average tax rate under the new flat 21% rate? (1 point) (1 point) What is Student, Inc.s marginal tax rate under the new flat f. 21% rate

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