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Using the 2023 corporate tax rate, a) What are the tax liability, the marginal tax...

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Accounting

Using the 2023 corporate tax rate,

a) What are the tax liability, the marginal tax rate, and the average tax rate for a corporate with $248,300 taxable income?

b) What are the tax liability, the marginal tax rate, and the average tax rate for a corporation with $39,253,000 taxable income?

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