(Corporate income tax) The Robbins Corporation is an oil wholesaler. The firm's sales last year were $1,08 million, with the cost of goods sold equal fo $660,000. The firm paid interest of $207,500 and its cash operating expenses were $103,000. Also, the firm received $42,000 in dividend income from a firm in which the firm owned 22% of the shares, while paying only $15,000 in dividends to its slockholders. Depreciation expense was $50,000. Use the corporate tax rates shown in the popup window, Io compute the firm's tax liability. What are the firm's avorage and marginal tax rates? (Corporate income tax) The Robbins Corporation is an oil wholesaler. The firm's sales last year were $1,08 million, with the cost of goods sold equal fo $660,000. The firm paid interest of $207,500 and its cash operating expenses were $103,000. Also, the firm received $42,000 in dividend income from a firm in which the firm owned 22% of the shares, while paying only $15,000 in dividends to its slockholders. Depreciation expense was $50,000. Use the corporate tax rates shown in the popup window, Io compute the firm's tax liability. What are the firm's avorage and marginal tax rates