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Corporate income tax) The Robbins Corporation is an oil wholesaler. The firm's salos last year were $1.04 million, with the cost of goods sold equal

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Corporate income tax) The Robbins Corporation is an oil wholesaler. The firm's salos last year were $1.04 million, with the cost of goods sold equal 1 5630,000. The firm paid interest of $208.000 and its cash operating expenses were $101,000. Also, the firm received $44,000 in dividend income trom s tim in which the firm owned 22% of the shares while paying only $10,000 in dividends to its stockholders Depreciation expense was $52.000 Use the corporate tax rates shown in the poop window, to compute the firm's tax labely. What are the firm's average and marginal tax ratos? The Robbins Corporation's tax tinbility for the your is $10000) (Round to the nearest dollar) The Two wenge tax rate is 16.67(Round to two decimal places) The firm's marginal tax ratn is 25. (Round to the nearest Integer Data Table Table income Marginal Tax Rate $0-$50,000 15% $50,001 - 575.000 25 $75,001 - $100,000 34% $100,001-5335,000 394 $335,001 - 510.000.000 34% $10,000,001 - 515,000,000 35% $15.000,001-$18.333.333 334 Over $18,333,333 354 Catheon Order by

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