What is the effective tax rate that a company will end up paying if their year income is $350,000? The tax needs to be calculated based on the table shown below:

From	Below	Tax	+ Marginal additional tax
$0	$50,000	15%
$50,000	$75,000	$7,500	+ 25% over $50,000
$75,000	$100,000	$13,750	+ 34% over $75,000
$100,000	$335,000	$22,250	+ 39% over $100,000
$335,000	$10,000,000	$113,900	+ 34% over $335,000
$10,000,000	$15,000,000	$3,400,000	+ 35% over $10,000,000
$15,000,000	$18,333,333	$5,150,000	+ 38% over $15,000,000

Group of answer choices

27.4483%

34.1007%

34.0000%

34.7066%