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What is the average tax rate? 26.23 is coming out not correct. 07 Question (3 points) @ See page 514 Use the 2019 U.S. federal

image text in transcribedWhat is the average tax rate? 26.23 is coming out not correct.

07 Question (3 points) @ See page 514 Use the 2019 U.S. federal tax rates in the table to calculate answers to the questions below. Give all answers to two decimals. Taxable income Tax rate 10% 12 $0-$9.700 $9.701-$39,475 $39,476-$84,200 $84,201-160,725 $160,726-$204,100 $204,101-$510,300 Over $510,300 22 24 32 35 37 6th attempt Feedback See Hint If you have a taxable income of $282,960.00, what is your top marginal tax rate? 35 % total tax bill? $ 74228.25 average tax rate? * 26.23 %

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