2. Calculating tax liabilities 1. 2. STEP: 1 of 2 Calculating Taxable income Rate 10.0% 12.0% 22.0% Taxable income $0 - $9,525 $9,526 - $38,700 $38,701 $82,500 $82,501 - $157,500 $157,501 - $200,000 $200,001 - $500,000 $500,001 or more 24.0% 32.0% 35.0% 37% Using the previous tax table, compute the tax liability for the individual in the scenario presented, rounding the liability to the nearest dollar. addition, use the dropdown lists to identify the marginal tax rate and average tax rate for the Individual in the scenario. Teresa's Tax Scenario Teresa Is a young professional with taxable income of $171,000 as an advertising account executive What is Teresa's total tax liability? (Note: Round your answer to the nearest cent, if necessary.) What is Teresa's top marginal tax rate? 35.00% What is Teresa's average tax rate 0.2555 TOTAL SCORE: 0/6 Grade Shes