Oakdale Fashions, Inc.$$s$,2021$ income statement is reported below. $($Use corporate tax rate of $21$ percent for your calculations.$)$

Oakdale Fashions, Inc., Income Statement for $2021$

Net sales $($all credit$)$ $ $595,000$

Less: Cost of goods sold $227,000$

Gross profits $ $368,000$

Less: Other operating expenses $102,000$

EBITDA $ $266,000$

Less: Depreciation and amortization $16,200$

EBIT $ $249,800$

Less: Interest $83,000$

EBT $ $166,800$

Less: Taxes

Net income $

Determine the firm's $2021$ tax liability.

Determine the firm's $2021$ net income.

Determine the firm's $2021$ average tax rate. $($Round your answer to $2$ decimal places.$)$

Determine the firm's $2021$ marginal tax rate.

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