The Robbins Corporation is an oil wholesaler. The firm's sales last year were $1.07 million, with the cost of goods sold equal to $660,000. The firm paid interest of $201,000 and its cash operating expenses were $103,000. Also, the firm received $40,000 in dividend income from a firm in which the firm owned 22% of the shares, while paying only $14,000 in dividends to its stockholders. Depreciation expense was $50,000.

Use the corporate tax rates shown in the popup window, to compute the firm's tax liability. What are the firm's average and marginal tax rates?

The Robbins Corporation's tax liability for the year is?

(Round to the nearest dollar.)