(Corporate income tax) G. R. Edwin Inc, had sales of $5.96 milion during the past year. The cost of goods sold amounted to $2.6 millice Operating expenses totaled $2.55 million, and interest experse 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? The firm's tax Hability 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 2). (Round to the nearest integer.) \begin{tabular}{l|l} \hline Taxable Income & Marginal Tax Rate \\ \hline$0$50,000 & 15% \\ \hline$50,001$75,000 & 25% \\ \hline$75,001$100,000 & 34% \\ \hline$100,001$335,000 & 39% \\ \hline$335,001$10,000,000 & 34% \\ \hline$10,000,001$15,000,000 & 35% \\ \hline$15,000,001$18,333,333 & 38% \\ \hline Over \$18,333,333 & 35% \\ \hline \end{tabular} (Click on the icon p in order to copy its contents into a spreadsheet.)