Corporate income tax) The Robbins Corporation is an ol Wholesaler. The firm's salos last year were $1.01 milion with the cost of goods sold equal to $600,000 The form paid interest of $205 250 and is canh operating expenses were $105.000. Also, the firm received 545,000 in dividend income from a firm in which the fem owned 22% of the shares, while paying only $14,000 in dividends to its stockholders Depreciation expense was $40,000. Use the corporate tax rates shown in the popup window to compute the firm's taxabilty What are the firm's average and marginal taxes? The Robbins Corporatior's tax liability for the year is $(Round to the nearest dollar) The fem's average tax rate is 1% (Round to two decimal places.) The firm's marginal tax rate is 1 (Round to the nearest integet) ales last year were $1.01 million, the cost of goods sold equal to POU e firm owned 22% of the shares, while paying only $14,000 in dividends to ne firm's average and marginal tax rates? table 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% k on the icon in order to copy its contents into a spreadsheet.) Print Done