(15pts) Calculate the marginal tax rate, average tax rate, and total tax due for taxable income of $200,000 for a single individual. Compare and contrast how corporations and sole proprietorships handle taxes and bankruptcy. For Single Rate Individuals, Taxable Income Over For Married Individuals Filing Joint Returns, Taxable income Over For Heads of Households, Taxable Income Over 10% $0 $0 $0 12% $9,875 $19,750 $14,100 22% $40, 125 $80,250 $53,700 24% $85,525 $171,050 $85,500 32% $ 163,300 $326,600 $ 163,300 35% $207,350 $414,700 $207,350 37% $518,400 $622,050 $518,400