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

Oakdale Fashions, Incorporated, Income Statement

Net sales $($all credit$)$ $ $630,000$

Less: Cost of goods sold $241,000$

Gross profits $ $389,000$

Less: Other operating expenses $116,000$

EBITDA $ $273,000$

Less: Depreciation and amortization $17,600$

EBIT $ $255,400$

Less: Interest $86,500$

EBT $ $168,900$

Less: Taxes

Net income $

Determine the firm's tax liability.

Determine the firm's net income.

Determine the firm's average tax rate.

Determine the firm's marginal tax rate.