15. Peter and Marge are married, and they file jointly. Their taxable income is $94,200. They have two children for whom they can claim the $1,000 per child tax credit. Use the 2016 Marginal Tax Rates table to neatly fill in the tables below to determine how much tax they will owe. (8 points) 2016 Marginal Tax Rates Tax rate Single Head of household Married filing jointly or qualitying widow Married filing separately 10% $0 to $18,550 $0 to $9 275 50 to $9275 $9,276 to $37,650 1546 $18,551 to 875,300 $9,276 to $37650 25% $37 651 to $91,150 50 to $13.250 $13,251 to $50,400 $50,401 to $530,150 5130,151 to $210.800 $210 801 to $413 350 $75,301 to 5151,900 $37 651 to $75,950 24 $91,151 to $190,150 $151,901 to 5231450 $75961 to $115,725 33% $190,951 to $413 350 $231,451 to 5413,350 $115,728 to $206675 35% 5413 351 to 5415,050 5413 351 to $441,000 $113,351 to $165 950 $206,675 to $233,475 396% $415,051 or more $441,001 or more $466,951 or more $233,476 or more Tables to fill out to answer the question. 10% 15% Tax Bracket: 25% Income range of tax bracket: Amount of Peter's and Marges's Taxable income in cach tax bracket: Tax owed from each tax bracket: Tax on Taxable Income: Tax on Taxable Income: Tax Credits: Tax Owed