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To complete the assignments listed below, refer to the Table 2-1. The Talley Corporation had a taxable income of $310,000 from operations after all operating

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To complete the assignments listed below, refer to the Table 2-1. The Talley Corporation had a taxable income of $310,000 from operations after all operating costs but before (1) interest charges of $62,000, (2) dividends received of $9,300, (3) dividends paid of $12,400, and (4) income taxes. What are the firm's income tax liability and its after-tax income? Round your answers to two decimal places. 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

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