Question: Please show all work in excel, will give thumbs up. A corporation's pretax net income of $1,000,000 is taxable based on 10% of the first

Please show all work in excel, will give thumbs up. A

Please show all work in excel, will give thumbs up.

A corporation's pretax net income of $1,000,000 is taxable based on 10% of the first $300,000, 16% of the next $300,000, and 21% of the balance: 31. What is the corporation's average tax rate

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