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You have sales of $250,000 and cost of goods sold (materials and labor) comes to $155,000. you have posted $10,000 in interest income and paid

You have sales of $250,000 and cost of goods sold (materials and labor) comes to $155,000. you have posted $10,000 in interest income and paid $25,000 in common stock dividends.

a. what is your tax bill?

b. what is the marginal rate?

c. what is the average rate?

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