value: 10.00 points Problem 2-7 Tax Rates [LO 3] The SGS Co. had $215,000 in taxable income. Use the rates from Table 2.3. (Enter your answer as directed, but do not round intermediate calculations.) Requirement 1: What is the average tax rate? (Round your answer to 2 decimal places (e.g. 32.16).) Average tax rate % Requirement 2: What is the marginal tax rate? Marginal tax rate % Hints References eBook & Resources Hint #1 TABLE 2.3 Taxable income Tax Rate Corporate tax rates $ 50.000 50,001 75,000 75,001 - 100,000 100,001 - 335.000 335,001-10,000,000 10,000,001 - 15,000,000 15,000,001 - 18,333,333 18,333,334+ 15% 25 34 39 34 35 38 35