Assume tax rates on single individuals are 10% on taxable income up to $9,075, 15% on income of $9,076 to $36,900 and 25% on income of $36,901 to $89,350. What is the tax liability for a single individual with $52,000 of taxable income?

Select one:

a. $9,103.50

b. $8,856.25

c. $8,356.25

d. $8,603.50