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Corporate taxes Tantor Supply, Inc., is a small corporation acting as the exclusive distributor of a major line of sporting goods. During 2 0 2

Corporate taxes Tantor Supply, Inc., is a small corporation acting as the exclusive distributor of a major line of sporting goods. During 2021 the firm earned $819,400 before taxes.
a. Calculate the firm's tax liability using a flat tax rate of 21%.
b. How much are Tantor Supply's 2021 after-tax earnings?
c. What was the firm's average tax rate?
d. What was the firm's marginal tax rate?
a. The firm's tax liability is $.(Round to the nearest dollar.)
b. The firm's after-tax earnings is $.(Round to the nearest dollar.)
c. The firm's average tax rate was %.
d. The firm's marginal tax rate was %.
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