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Attempts Kacg the Highest 8.3 5. Problem 3.18 (Personal Taxes) Mary Jarvis is a single indivitual who is working on filing her tax return for

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Attempts Kacg the Highest 8.3 5. Problem 3.18 (Personal Taxes) Mary Jarvis is a single indivitual who is working on filing her tax return for the previous yeac She has assembled the foliowing relevant informationt - She received $70,000 in salary. - She received $16,500 of dividend inoome. - She received 34,500 of interest income on Home Depot bonds. - She received $23,000 trom the sale of Disney stock that nas purchased 2 years priar to the sale at a cost of $6,500. - she received $10,000 from the sale of Coegle stock that was purchased 6 moeths prior to the sale af a cost of $7,300. - Mary enly has allowable icemised deductions of $7,300, so she will take the standard deduction of $12,400. The standard deduation is subtracted frem her gross income to determine her tawable income. Assume that her tax rates ace besed en fable 3.5. a. What is Mary's federal tax liability? Enter your answer as a positive value. Do not round intermediate calculations. Round your answer to the nearest cent. 3 B. What is her marginal tax rate? Do not round intermedate calculations. pound your answer to one decimal place. %0 c. What is her average tax rate? Do not round interrmediate cacolations. Alund your answer to two decinal places

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