Adam has $125,000 in taxable income this year.
Tax Bracket	Bottom of Bracket	Top of Bracket	Tax Liability for Bracket
12%	$0	$10,900	$1,308
16%	$10,900	$45,900	$5,600
21%	$45,900	$115,900	$14,700
26%	$115,900	$215,900	$26,000
31%	$215,900	$415,900	$62,000
38%	$415,900
Calculate their total tax liability for this year.