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Use the following tax brackets for taxable income: Tax Rate 15% Bracket $0 - $10,000 $10,000 - $50,000 $50,000 - $250,000 over $250,000 25% 30%

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Use the following tax brackets for taxable income: Tax Rate 15% Bracket $0 - $10,000 $10,000 - $50,000 $50,000 - $250,000 over $250,000 25% 30% 35% Compute the average tax rate for the following taxable income amounts. Round the answers to 2 decimal places. a. $27,000 b. $190,000 c. $460,000 d. $1,000,000

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