-1.7 points WaneAC8 1.1.505.XP My Notes Ask Your The U.S. Federal income tax is a function of taxable income. Write T for the tax owed on a taxable income of I dollars. For tax year 2007, the function T for a taxpayer was specified by the table below What was the tax owed by a single taxpayer on a taxable income of $10,000 What was the tax owed by a single taxpayer on a taxable income of $125,000 I your taxable income was of the But not amount Over-over- Your tax is $0 7,825 31,850 77,100 160,850 10% s0 7,825 $782.50 + 15% $7,825 31,850 77,100 4,386.25 + 25% 15,698.75+28% 39,148.75 + 33% 101,469.25+35% $31,850 $77,100 160,850 349,700 $160,850 349,700 $349,700