2 pts Nicole's income for 2020 is the $73,988 salary and 51.465 of qualified dividends she receives. She is single and thus is allowed a $12.400 standard deduction. What is her tax for 2020? Hint: 15% Here is part of the tax rate schedule for single individuals: If taxable income is: the tax is: Not over $9.875 10% of taxable income Over $9.875 but not over $40.125 $987 50 plus 12% of the excess over $9,875 Over $40,125 but not over $85.525 $4,617.50 plus 22% of the excess over $40,125