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What would be the marginal and average tax rates for a corporation with an income level of $93,000? Use Table 3-5. (Do not round intermediate

What would be the marginal and average tax rates for a corporation with an income level of $93,000? Use Table 3-5. (Do not round intermediate calculations. Enter the marginal tax rate as a whole percent. Enter the average tax rate as a percent rounded to 2 decimal places.)image text in transcribed

TABLE 3.5 Corporate tax rates, 2016 Tax Rate(%) 15 Taxable income ($) 0-50,000 50,001-75,000 75,001100,000 100,001-18,333,333 Over 18,333,333 25 34 Varles between 39 and 34 35

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