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( Corporate income tax ) G . R . Edwin Inc. had sales of $ 5 . 9 1 million during the past year. The

(Corporate income tax) G. R. Edwin Inc. had sales of $5.91 million during the past year. The cost of goods sold amounted to $2.8 million. Operating expenses totaled $2.41 million, and interest expense
was $22,000. Use the corporate tax rates shown in the popup window, , to determine the firm's tax liability. What are the firm's average and marginal tax rates?
Data table
The firm's tax liability for the year is $.(Round to the nearest dollar.)
(Click on the icon in order to copy its contents into a spreadsheet.)
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