Using the information provided below, please calculate the Marginal Tax Rate. [Please enter percentages as whole numbers: e.g., 14.5% = 15] Net Operating Profits Interest Expense Earnings Before Tax Tax Expense Net Income Adjusted Gross Income Standard Deduction Taxable Income Tax Liability Taxes Paid & Credits Taxes Owed 72,000 2,700 7,341 124,400 19,400 7,341 6,500

Using the information provided below, please calculate the Marginal Tax Rate. [Please enter percentages as whole numbers: e.g., 14.5% = 15]

Net Operating Profits

72,000

Interest Expense

2,700

Earnings Before Tax

Tax Expense

7,341

Net Income

Adjusted Gross Income

124,400

Standard Deduction

19,400

Taxable Income

Tax Liability

7,341

Taxes Paid & Credits

6,500

Taxes Owed