The Robbins Corporation is an oil wholesaler. The$$ firm's sales last year were

$ $1\mathrm{.}05$$$1\mathrm{.}05$

$$million$,$ with the cost of goods sold equal to

$ $650$ comma $000$$$650,000.$

The firm paid interest of

$ $197$ comma $250$$$197,250$

and its cash operating expenses were

$ $104$ comma $000$$$104,000.$

$$ Also, the firm received

$ $45$ comma $000$$$45,000$

in dividend income from a firm in which the firm owned

$22\%22\%$

of the$$ shares, while paying only

$ $11$ comma $000$$$11,000$

in dividends to its stockholders. Depreciation expense was

$ $48$ comma $000$$$48,000.$

Use the corporate tax rates shown in the popup$$ window,

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$,$

to compute the$$ firm's tax liability. What are the$$ firm's average and marginal tax$$ rates?