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The Robbins Corporation is an oil wholesaler. The firm's sales last year were $ 1 . 0 2 million , with the cost of goods

The Robbins Corporation is an oil wholesaler. The firm's sales last year were $ 1.02million, with the cost of goods sold equal to $ 620 comma 000. The firm paid interest of $ 190 comma 500 and its cash operating expenses were $ 103 comma 000. Also, the firm received $ 42 comma 000 in dividend income from a firm in which the firm owned 22% of the shares, while paying only $ 13 comma 000 in dividends to its stockholders. Depreciation expense was $ 52 comma 000. Use the corporate tax rates shown in the popup window, LOADING..., to compute the firm's tax liability. What are the firm's average and marginal tax rates?
Taxable Income Marginal Tax Rate
$0-$50,00015%
$50,001-$75,00025%
$75,001-$100,00034%
$100,001-$335,00039%
$335,001-$10,000,00034%
$10,000,001-$15,000,00035%
$15,000,001-$18,333,33338%
Over $18,333,33335%
please find for the following.
The Robbins Corporation's tax liability for the year is $
enter your response here. (Round to the nearest dollar.)
Part 2
The firm's average tax rate is
enter your response here%.(Round to two decimal places.)
Part 3
The firm's marginal tax rate is
enter your response here%.(Round to the nearest integer.)

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