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Question 1 Question 2 Question 3 Question 4 (Corporate income tax) The Robbins Corporation is an ol wholesaler. The firm's sales last year were $1.08

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(Corporate income tax) The Robbins Corporation is an ol wholesaler. The firm's sales last year were $1.08 million, with the cost of gocds sold equal to $630,000. The firm paid interest o $237,500 and is cash operating expenses were $105,000. Asso, the firm received $42,000 in dividend income from a firm in which the firm owned 22.5 of the shares, while paying only $11,000 in dividends to its stockholders. Depreciation expense was $49,000. Use the corporate tax rates shown in the popup window, , to compute the firmis tax liabilfy. What are the firm's average and marginal tax rates? The Robbins Corporaton's tax sabillay for the year is 5 (Round to the nearest dol The firm's average tax rale is K. (Round to mo decenal places.) The firm's marginal tax rate is K. (Round to the nearest integer) (Corporate income tax) Barrington Enterprises earned $3.2 million in taxable income (eamings before taxes) during is most rocent year of operations. Use the corporate tax rates shown in the popup window, to caloulate the firm's tax liablity for the year. What aro the firm's average and marginal tax rates? The form's tax liability for the yoar is $ (Round to the nearest dollar.) The firm's average tax rate is \%. (Round to two decimal places.) The firmis marginal tax rate is 16. (Round to the nearest integer) Data table

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