Rusty antiques has a marginal tax rate of 39percent and an average tax rate of 26.9 percent. if the firm owes $37,265 in taxes, how much taxable income did it earn? $138,532 $137,098 $137,750 $136,800

Rusty antiques has a marginal tax rate of 39percent and an average tax rate of 26.9 percent. if the firm owes $37,265 in taxes, how much taxable income did it earn? $138,532 $137,098 $137,750 $136,800 $139,957

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