Corporate Taxes Swimmy, Inc. had $400,000 in 2010 taxable income. Using the tax schedule from Table 2-3, what is the company's 2010 income taxes, average tax rate, and marginal tax rate, respectively? 
A) $22,100, 5.53%, 34%
B) $113,900, 28.48%, 34%
C) $136,000, 34.00%, 34%
D) $136,000, 39.00%, 34%
Correct Answer:
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