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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

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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) $ 575,000 Less: Cost of goods sold 219,000 Gross profits $ 356,000 Les Other operating expenses 94,000 EBITDA $ 262,000 Less: Depreciation and amortization 15,400 EBIT $ 246,600 Les Interest 81,000 EBT $ 165,600 Los: Taxes Net Income $ Determine the firm's 2021 tax liability Taxtability Determine the firm's 2021 net income. Net income arma Determine the firm's 2021 average tax rate. (Round your answer to 2 decimal places.) Average tax rate % Determine the firm's 2021 marginal tax rate. Marginal tax rato >

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