Alexa is a single filer and has $47,000 per year in taxable income. This year her federal tax is $7,400. In the space below answer these two questions. Show your work for the second one. (5 pt each) 1. What is Alexa's marginal tax rate? 2. What is her average tax rate? (show your work) Use the tax brackets here to answer the question: Tax Brackets for Single Filers Tax Table Taxable Income Tax Rate 10% 12% 22% 24% 32% 35% 37% Up to $10,275 $10,276-$41,775 $41,776-$89,075 $89,076- $170,050 $170,051 $215,950 $215,951 $539,900 $539,901 or more -