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(Corporate income tax) The Robbins Corporation is an oil wholesaler. The firm's salos last year wore $1.00million, with the cost of goods sold scual fo

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(Corporate income tax) The Robbins Corporation is an oil wholesaler. The firm's salos last year wore $1.00million, with the cost of goods sold scual fo 3500 , 600. The firm paid interest of $200,000 and its cash operating expenses were $100,000. Aso, the firm received $40,000 in dividend income from a firm in which the firm owned 225 of the afrares. while paying only $10,000 in dividends to its stockholders. Depreciation expense was 550,000 . Use the corporate tax fates shown in the popup window liabliny. What are the firmh average and marginal tax rates? to compute the fimis tax The Robbins Cocporation's tax liability for the year is 1 (Round to the nearest doltar) The firmits average tax rate is \%. (Round to two decimal places) The firmis marginal tax rate is 1. (Round to the nearest integer) (Click on the icon in order to copy its contents into a spreadsheet)

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