P3-9 (similar to) Question Help O (Corporate income tax) Meyer Inc. has taxable income (earnings before taxes) of $294,000. Calculate Meyer's federal income tax liability using the tax table shown in the popup window: What are the firm's average and marginal tax rates? The firm's tax liability for the year is $ (Round to the nearest dollar.) P3-9 (similar to) Question Help O (Corporate income tax) Meyer Inc. has taxable income (earnings before taxes) of $294,000. Calculate Meyer's federal income tax liability using the tax table shown in the popup window: What are the firm's average and marginal tax rates? The firm's tax liability for the year is $ (Round to the nearest dollar.)