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P3-4 (similar to) Question Help (Corporate income tax) Barrington Enterprises earned $3.8 million in taxable income (earnings before taxes) during its most recent year of operations. Use the corporate tax rates shown in the popup window, , to calculate the firm's tax liability for the year. What are the firm's average and marginal tax rates? The firm's tax liability for the year is $ 1,062,500. (Round to the nearest dollar.)