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(Corporate income tax) G. R. Edwin inc. had sales of 56.14 milion during tho past year. The cost of goods sold arnounted to $2.6 million.

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(Corporate income tax) G. R. Edwin inc. had sales of 56.14 milion during tho past year. The cost of goods sold arnounted to $2.6 million. Operating expenses lotaled $2.48millon, and interest expense was $29,000. Use the corporate tax rates shown in the popup window, to detormine the firm's fax liability. What are the firm's average and marginal tax rates? The from's tax liablisy for the year is (Round to the nearest dollar.) Data table

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