The Talley Corporation had a taxable income of $385,000 from operations after all operating costs but before: (1) interest charges of $77,000, (2) dividends received of $19,250, (3) dividends paid of $15,400, and (4) income taxes.

1a. What are the firm's income tax liability and its after-tax income? Round your answers to two decimal places.

Income tax liability
After-tax income

b. What are the company's marginal and average tax rates on taxable income? Round your answers to two decimal places.

Marginal tax rate
Average tax rate