Problem 2-8 Corporate Taxes (LG2-3) Everybody's Fitness's 2021 income statement is reported below (in millions of dollars) (Use corporate tax rate of 21 percent for your calculations.) Everybody's Fitness Income Statement for 2021 (in millions of dollars) Net sales (all credit) $ 1,585 Less: Cost of goods sold 580 Gross profits $ 1,805 Less: Other operating expenses 355 EBITDA $ 650 Less: Depreciation and amortization 192 EBIT $ 458 Less: Interest 215 EBT $ 243 Less: Taxes Net income $ Determine the firm's 2021 tax liability Tax liability Determine the firm's 2021 net income. Net Income Determine the firm's 2021 average tax rate. (Round your answer to 2 decimal places.) Average tax rate % Determine the firm's 2021 tax liability. Tax liability Determine the firm's 2021 net income. Net income 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 rate %