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Corporate income tax) The Robbins Corporation is an ol wholes. The firm's les last year were $1.07 milion, with the cost of goods sold oval

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Corporate income tax) The Robbins Corporation is an ol wholes. The firm's les last year were $1.07 milion, with the cost of goods sold oval to 5630,000. The firm paid $238.000 and its cash operating expenses were $10.000. Also, the firm received 544,000 individend income from a fim in which the firm owned 22% of the shares will paying only $11.000 individends to its stockholders Depreciation expense was $40.000. Use the corporale bax rates shown in the popup window. Ito compute the tem's taty. What we the few's average and marginal tres? The Robbins Corporation's taxability for the yow is Round to the nearest door) The's vergetures and is two decimal places) The's marginal tax rate is Rond to the nearest) nich the firm owned the firm's average and marginal tax rates? arest dollar.) 0 Data Table m Taxable income Marginal Tax Rate $0 - $50,000 15% $50,001 - $75,000 25% $75,001 - $100,000 34% $100,001 - $335,000 39% $335,001 - $10,000,000 34% $10,000,001 - $15,000,000 35% $15,000,001 - $18,333,333 38% Over $18,333,333 35% Print Done

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