The Dakota Corporation had a $2021$ taxable income of $$5,700,000$ from operations after

all operating costs but before $(1)$ interest charges of $$1,300,000,(2)$ dividends received of

$$96,000,(3)$ dividends paid of $$760,000,$ and $(4)$ income taxes $($the firm's tax rate is $21$

percent$).$

a$.$ Calculate Dakota's income tax liability. $($Round your answer to the nearest dollar

amount.$)$

Income tax liability

b$.$ What are Dakota's average and marginal tax rates on taxable income? $($Round your

answers to $2$ decimal places.$)$