(Corporate income tax) G. R. Edwin Inc. had sales of $5.89 million during the past year. The cost of goods sold amounted to $2.5 million. Operating expenses totaled $2.52 million, and interest expense was $28,000. Use the corporate tax rates shown in the popup windowto 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 Taxable income $0-$50,000 $50,001 - $75,000 $75,001 - $100,000 $100,001 - $335.000 $335,001 - $10,000,000 S10,000,001 - $15,000,000 S15.000,001 - $18,333,333 Over $18,333,333 Marginal Tax Rate 15% 25% 34% 39% 34% 35% 38% 35% Print Done