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)	$	650,000
Less: Cost of goods sold		249,000
Gross profits	$	401,000
Less: Other operating expenses		124,000
EBITDA	$	277,000
Less: Depreciation and amortization		18,400
EBIT	$	258,600
Less: Interest		88,500
EBT	$	170,100
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.