Problem $2-27$ Corporate Taxes $($LG$2-3)$

The Dakota Corporation had a $2021$ taxable income of $$30,500,000$ from operations after all operating costs but before $(1)$ interest charges of $$8,300,000,(2)$ dividends received of $$730,000,(3)$ dividends paid of $$5,150,000,$ and $(4)$ income taxes $($the firm's tax rate is $21$ percent$).$

a$.$ Calculate Dakota's income tax liability. $($Round ypur answer to the nearest dollar amount.$)$

Income tax liability

b$.$ What are Dakota's average and marginal tax rates on taxable income? $($Round your answers to $2$ decimal places.$)$

$\backslash$table$[[,,],[$Average tax rate,,$\%$