6. Harold and Wanda (married filing jointly) have $30,000 ordinary income after the standard deduction and personal

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6. Harold and Wanda (married filing jointly) have $30,000 ordinary income after the standard deduction and personal exemptions, and $40,000 in unrecaptured depreciation on the sale of rental property, for total taxable income of $70,000. For 2010, the 10 percent tax bracket for married taxpayers filing jointly ends at $16,750, the next $51,250 in taxable income is taxed at 15 percent, and 25 percent applies to the next $69,300. What is Harold and Wanda’s tax? (Please use the percentages given in this problem to calculate your answer.)

a. $7,315

b. $11,130

c. $9,863

d. $9,718

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