The Dakota Corporation had a 2021 taxable income of $16,000,000 from operations after all operating costs but before (1) interest charges of $3,400,000, (2) dividends received of $280,000, (3) dividends paid of $2,000,000, 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 $ 4,339,400 b. What are Dakota's average and marginal tax rates on taxable income? (Round your answers to 2 decimal places.) Average tax rate Marginal tax rate 3521% 35.00%