1 Required information [The following information applies to the questions displayed below) In 2020, Sheryl is claimed as a dependent on her parents tax return. Her parents report taxable income of $500.000 (married filing jointly Sheryl did not provide more than half her own support What is Sheryl's tax Wability for the year in each of the following alternative circumstances? Use Tax Rate Schedule Dividends and Capital Gains Tax Rates for reference (Leave no answer blank. Enter zero if applicable.) b. She received $7000 of interest income from corporate bonds she received several years ago. This is her only source of income. She is 16 years old at year-end anter B Required Information [The following information apples to the questions displayed below) in 2020, Sheryl is calmed as a dependent on her parents tax return Her parents report taxable income of $500,000 (married fling jointly Sheryl did not provide more than half her own support What is Sheryl's tax liability for the year in each of the following altemative circumstances? Use Tax Rate Schedule Dividends and Cantal Gains Tax Rates for reference (Leave no answer blank. Enter zero if applicable) c. She received $7000 of interest income from corporate bonds she received several years ago. This is her only source of income. She is 20 years old at year-end andis a full time student (Do not round Intermediate calculations) D Tax Rates for Net Capital Gains and Qualified Dividends Taxable income Rate" Married Filing Jointly Married Filing Separately Single Head of Household Trusts and Estates SO $80.000 0-$40,000 50 - 540,000 SO-533.600 SO - $2650 152 580.001 $196,600 $10,001 - $248,300 540,001 $441,-450 $53,601 - $469.050 $2651 - $13,150 2096 $196,601 $248,301- $441,451 $469,051 $13,151 "This rate applies to the nat capital gains and qualified dividends that fall within the range of fatable income specified at the table front capital gains and qualified divide