(Corporate income tax) Barington Enterprises eamed $3.4 million in taxable income (earnings before taxes) during most recent year of operations. Use the corporate rates shown in the popup window, , to calculate the fimrm's tax liability for the year. What are the firm's average and marginal tax rates? The firm's tax liability for the year is S 1156000 (Round to the nearest dollar.) The firm's average tax rate is 34 %. (Round to two decimal places.) The firm's marginal tax rate is 34 %. (Round to the nearest integer.) Taxable Income Marginal Tax Rate $0 $50,000 15% $50,001 $75,000 25% $75,001 $100,000 34% $100,001 $335,000 39% $335,001 $10,000,000 34% $10,000,001 $15,000,000 35% $15,000,001 $18,333,33338% Over $18,333,333 35%