2. Calculating tax liabilities 2. Calculating Taxable Income Using the previous tax table, compute the tax liability for the individual in the scenario presented, rounding the liability to the nearest dollar. In addition, use the dropdown lists to identify the marginal tax rate and average tax rate for the individual in the scenario. Jake's Tax Scenario Jake is a young professional with taxable income of $126,500 as an advertising account executive. What is Jake's total tax liability? (Note: Round your answer to the nearest cent, if necessary.) What is Jake's top marginal tax rate? What is Jake's average tax rate? TOTAL SCORE: 0/6 (to complete this step and unlock the next step)