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Current Attempt in Progress Blossom Property Management Company announced that in the year ended June 30, 2017, its earnings before taxes amounted to $ 1,398,000.Ca|cu|ate its taxes using Exhibit 3.6. (Round answerstoi'declmalploces, e3. 15.1 75.25.] Exhibit 3.5 US. Federal Corporate Income Tax Rates for 2016 The federal corporate marginal tax rate varies from 15 to 39 percent GeneralbI speaking, smaller omnpanies with lower taxable income have lower tax rates than larger companies with higher taxable incomes. Smaller businesses am given pleferential bealment to encourage new business formation. ('1') " '. [3) Pay; Thk Amount on Marginal Tax Rate: Corporations" the Base of the Tax Rate on the Excess Average Tax Rate Taxable Income Bracket Over the Base at Top of Bracket $0$50 ,0111 5 0 15% 15.0% 50.02] 175.01] 7,3\") 25 18.3 75,021 11000!) 13,750 34 22.3 100.00 1335,C] 22,250 39 34.0 335.m110,E[[I.E[ 1 13.9m 34 34.0 10,E[D,m115,EKIJ,EKII ammo 35 34.3 15,EKI],EK]l18,333,333 5,150,000 38 350 More than 18,333,333 6,416,156? 35 35.0 Excel Template (Note: This template includes the problem statement as it appears in your textbook. The problem assigned to you here may have different values. When using this template. copy the problem statement from this screen for easy referenCe to the values you 've been given here, and be sure to update any values that may have been pre-entered in the template based on the textbook version of the problem} Tax rate Tax 25 : a4 : 39 : s4 :