A&B + $0) + Luawas GRU SUP HILI LIPUUVIGLIE CALIUSIVU UUU UUU...

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Accounting

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+ $0) + Luawas GRU SUP HILI LIPUUVIGLIE CALIUSIVU UUU UUU y you. Hy LU U Wante $94,300 before taxes. Its tax liability, based on Table 12 below, was $20.312 Corporate Tax Rate Schedule Tax calculation Range of taxable income Base tax (Marginal rate x amount over base bracket) So to $50,000 $O(15% xamount over 50,000 to 75,000 7,500 (25 x amount over 50,000) 75,000 to 100,000 13,750 (34 x amount over 75,000) 100,000 to 335,000 22,250 (39 x amount over 100,000) 335,000 to 10,000,000 113,900 (34 x amount over 335,000) 10,000,000 to 15,000,000 3,400,000 (35 x amount over 10,000,000) 15,000,000 to 18,333,333 5,150,000 (38 x amount over 15,000,000) Over 18,333,333 6,416,667 (35 x amount over 18,333,333) a. The firm's average tax rate is 1% (Round to one decimal) b. The firm's marginal tax rate is % (Round to one decimal)

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