(Corporate income tax) The Robbins Corporation is an oil wholesaler. The firm's sales last year were $1.07 million, with the cost of goods sold equal to $620,000 The firm paid interest of $246,750 and its cash operating expenses were $101,000. Also, the firm received $43,000 in dividend income from a firm in which the firm owned 22% of the shares, while paying-only $14,000 in dividends to its stockholders. Depreciation expense was $49,000. Use the corporate tax ratos shown in the popup window, to compute the firm's tax liability. What are the firm's average and marginal tax ratos? The Robbins Corporation'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.) \begin{tabular}{l|l} \hline Taxable Income & Marginal Tax Rate \\ $$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} llick on the icon in order to copy its contents into a spreadsheet.) Print Done