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Use the 2019 U.S. federal tax rates in the table to calculate answers to the questions below. Give all answers to two decimals. If you

Use the 2019 U.S. federal tax rates in the table to calculate answers to the questions below. Give all answers to two decimals.

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If you have a taxable income of $296,230.00, what is your top marginal tax rate ___%?

Total Tax Bill $______

Average tax rate? ______%

\begin{tabular}{lc} Taxable Income & Tax rate \\ \hline$0$9,700 & 10% \\ $9,701$39,475 & 12 \\ $39,476$84,200 & 22 \\ $84,201160,725 & 24 \\ $160,726$204,100 & 32 \\ $204,101$510,300 & 35 \\ Over $510,300 & 37 \end{tabular}

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