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( Corporate income tax ) G . R . Edwin Inc. had sales of $ 6 . 1 9 million during the past year. The

(Corporate income tax) G. R. Edwin Inc. had sales of $6.19 million during the past year. The cost of goods sold amounted to $2.7 million. Operating expenses totaled $2.54 million, and interest expense was $29,000. 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?
The firm's tax liability for the year is $ (Round to the nearest dollar.)
The firm's average tax rate is %.(Round to two decimal places.)
The firm's marginal tax rate is %.(Round to the nearest integer.)
Data table
\table[[Taxable Income,Marginal Tax Rate],[$0-$50,000,15%
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