a Assuming taxable income of $55,500 a year filing single status, apply the marginal tax rate in Figure 97. (Assume a filing status of single.) a. What is your marginal tax rate? Marginal tax rate b. What is your average tax rate? (Round your answer to 2 decimal places.) Average tax rate L % FIGURE 9.7 Marginal federal tax rate to use to prepare your 2016 tax returns in 2017 Rate Single Filers Head of Household Filers Married Joint Filers 10% $0 to $9,275 $0 to $13,250 50 to $18,550 15% $9,276 to $37,650 $13,251 to $50,400 $18,551 to $75,300 25% $37,651 to $91,150 $50,401 to $130,150 $75,301 to $151,900 28% $91,151 to $190,150 $130,151 to $210,800 $151,901 to $231,450 33% $190,151 to 5413,350 $210,801 to 5413,350 $231,451 to 413,350 35% $413,351 to $415,050 $413,351 to $441,000 $413,351 to $466,950 39.6% 5415,051+ $441,001+ $466,951+ Source: www.is OK Assuming taxable income of $55,500 a year filing single status, apply the marginal tax rate in Figure 9.7 (Assume a filing status of single.) a. What is your marginal tax rate? Marginal tax rate b. What is your average tax rate? (Round your answer to 2 decimal places.) Average tax rate %