(Corporate income tax) Sales for J.P. Hulett Inc. during the past year amounted to $4.4 million. Gross profits totaled $1.01 million, and operating and depreciation expenses were $493,000 and $355,000, respectively. Dividend income for the year was $12,000, which was paid by a firm in which Hulett owns 85 percent of the shares. Use the corporate tax rates shown in the popup window, I to Comcute the corporation's tax liability. What are the firm's average and marginal tax ratos? The firm's tax liability for the year is $ (Round to the nearest dollar) The fire average tax rate is 0% (Round to two decimal places.) The firm's marginal tax rate is (% (Round to the nearest integer.) 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% k on the icon in order to copy its contents into a spreadsheet.)