$($Corporate income$$ tax$)$Last year$$ Sanderson, Inc. had sales of $ $3\mathrm{.}6$ million. The$$ firm's cost of goods sold came to $ $2\mathrm{.}3$million$,$ its operating expenses excluding depreciation of $ $100$ comma $000$ were $ $390$ comma $000,$ and the firm paid $ $154$ comma $000$ in interest on its bank loans. $$ Also, the corporation received $ $45$ comma $000$ in dividend income$($from a company in which it owned less than $20$ percent of its$$ shares$)$ but paid $ $24$ comma $000$ in the form of dividends to its own common stockholders. Use the corporate tax rates shown in the popup$$ window, LOADING...$,$ to calculate the$$ corporation's tax liability. What are the$$ firm's average and marginal tax$$ rates?

TAX he$$ firm's tax liability for the year is $$$

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enter your response here. $($Round to the nearest$$ dollar.$)$

Part $2$

The$$ firm's average tax rate is

$$

enter your response here$\%.($Round to two decimal$$ places.$)$

Part $3$

The$$ firm's marginal tax rate is

$$

$$

RATES

Taxable Income

$$Marginal Tax Rate

$$$$0-$$$50,000$

$15\%$

$$$$50,001-$$$75,000$

$25\%$

$$$$75,001-$$$100,000$

$34\%$

$$$$100,001-$$$335,000$

$39\%$

$$$$335,001-$$$10,000,000$

$34\%$

$$$$10,000,001-$$$15,000,000$

$35\%$

$$$$15,000,001-$$$18,333,333$

$38\%$

$$Over$$ $$18,333,333$

$35\%$