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Calculating Taxable Income Using the previous tax table, compute the tax liability for the individual in the scenario presented, rounding the liability to the nearest
Calculating Taxable Income Using the previous tax table, compute the tax liability for the individual in the scenario presented, rounding the liability to the nearest dollar. In addition, use the dropdown lists to identify the marginal tax rate and average tax rate for the individual in the scenario. Susan's Tax Scenario Susan is a young professional with taxable income of $183,500 as an advertising account executive. What is Susan's total tax liability? What is Susan's top marginal tax rate? What is Susan's average tax rate? (Note: Round your answer to the nearest cent, if necessary.)
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