Last year Sanderson, Inc. had sales of $3.1 million. The firm's cost of goods sold came to $2.1 million, its operating expenses excluding depreciation of $99,000 were $401,000, and the firm paid $154,000 in interest on its bank loans. Also, the corporation received

$48,000 in dividend income (from a company in which it owned less than 20 percent of its shares) but paid $25,000

in the form of dividends to its own common stockholders. Use the corporate tax rates shown below

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%

to calculate the corporation's tax liability. What are the firm's average and marginal tax rates?

The firm's tax liability for the year is $___(Round to the nearest dollar.)

The firm's average tax rate is ___%. (Round to two decimal places.)

The firm's marginal tax rate is ___%. (Round to the nearest integer.)