Use the following tax rates to answer questions 12-15 Also, assume the business has taxable income of $150,000.TaxableTax Rate

$0-50,00015%

50,001-75,00025%

75,001-100,00034%

100,001-335,00039%

How much tax will this company pay based on the information above.

Enter your answer without dollar signs and no commas. Round to the nearest whole number. Example $50,000.35 entered as 50000

What is the average tax rate paid by the the taxpayer?

Carry the decimal two places and round.24.877 % would be entered as 24.88

What is the "Marginal Tax Rate" for this taxpayer at this level of income?

Your answer should have no decimal points. 34% would be entered as 34

At this marginal tax rate, how much additional tax will this taxpayer pay on an additional $10,000 of taxable income?

Enter your answer without dollar signs and no commas. Example $4,000 would be entered as 4000