5) Marc, a single taxpayer, earns $62,800 in taxable income and $5,280 in interest from an investment in city of Birmingham bonds. Using the U.S. tax rate schedule for 2022, how much federal tax will he owe? (Use tax rate schedule.) A) $13,900 B) $9,433 C) $7,536 D) $7,405 E) None of the choices are correct. 5) 6) Marc, a single taxpayer, earns $62,600 in taxable income and $5,260 in interest from an investment in city of Birmingham bonds. Using the U.S. tax rate schedule for 2022, what is his average tax rate? (Use tax rate schedule.) Note: Round your final answer to two decimal places. A) 15.00 percent B) 12.50 percent C) 11.62 percent D) 22.00 percent E) None of the choices are correct. 6) 7) Marc, a single taxpayer, earns $260,000 in taxable income and $8,000 in interest from an investment in city of Birmingham bonds. Using the U.S. tax rate schedule for year 2022, what is his current marginal tax rate? (Use tax rate schedule.) A) 25.00 percent B) 35.00 percent C) 37.00 percent D) 45.00 percent E) None of the choices are correct. Screenshot 7)