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(Corporate income tax) The Robbins Corporation is an oil wholesalor. The firm's sales tast year were $1.08 million, with the cost of poods sold equal

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(Corporate income tax) The Robbins Corporation is an oil wholesalor. The firm's sales tast year were $1.08 million, with the cost of poods sold equal so $560,000. The firm paid interest of $213.250 and its cash operating expenses were $105,000. Also, the firm received $41,000 in dividend income from a firm in which the firm osned 22% of the shares, while paying only $15,000 in dividends to its stockholders, Depreciason expense was $50,000. Use the corporate tax rates shown in the popup window, marginal tax rates? to compute the firm's tax liability. What are the firmis averager and The Robbins Corporation's tax liabity tor the year is 1 (Riound to the nearest dollar.)

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